Appointment of Successor Trustee for Revocable Trust: Settlor is Outgoing Trustee (New Jersey)

This legal template is specifically designed for the state of New Jersey, United States, and deals with the appointment of a successor trustee for a revocable trust. In this situation, the settlor (the original creator of the trust) is currently serving as the trustee but wishes to step down from their position. The template is a legal document that outlines the process of appointing a new trustee to take over the administration of the revocable trust in accordance with the laws of New Jersey and the United States. It defines the terms and conditions under which the new trustee will assume their responsibilities, and any necessary legal procedures to ensure a smooth transition of powers.