15 Guam Code Ann. § 3361
Terms Used In 15 Guam Code Ann. § 3361
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Fiduciary: A trustee, executor, or administrator.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Probate: Proving a will
- Trustee: A person or institution holding and administering property in trust.
(a) The names, ages and mailing addresses of:
(1) The trustee administering the trust in the other jurisdiction;
(2) The proposed trustee to whom administration of the trust or such trust assets will be transferred; and
(3) All persons who are interested in the trust as beneficiaries as far as known to the petitioner.
(b) Whether the trust has been subject to supervision over administration in another jurisdiction outside of the territory of Guam. If so, whether a petition or appropriate request for transfer of
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place of administration of the trust or such trust assets to the territory of Guam has been filed, if necessary, with the proper court in the other jurisdiction and the status of such petition or request.
(c) Whether the trustee proposed to administer the trust in the territory of Guam has agreed to accept the trust in the territory of Guam. If so, the acceptance shall be attached as an exhibit to the petition or otherwise filed with the Superior Court.
(d) A general statement of the qualifications of the trustee proposed to administer the trust in the territory of Guam and the amount of fiduciary bond to be requested, if any.
(e) A copy of the trust instrument or a statement of the terms of the trust instrument in effect at the time the petition is filed, including all amendments thereto.
(f) A statement of the character, condition, location, and value of the property comprising the assets sought to be transferred.
(g) A statement of the reasons for the transfer.
SOURCE: California Probate Code, § 1139.14.