A living trust is a legal document that serves your during your lifetime and at your death. ... For example, many trusts require that the co-trustees must act together, meaning that for dealing with paperwork, signing checks, and real property sales, the trustees must be in the same place at the same time.

Can trustees act jointly and severally?

In principle therefore each trustee has an equal say in the management of the trust property and therefore in the event of a breach the trustees are jointly and severally liable for their actions.

Can trustees act by majority?

Summary. Although the ability for trustees to act by a majority is well entrenched in certain forms of trust (such as pension trusts and charitable organisations), if adopted for private trusts the application of the appropriate rules may be misconstrued, or just not properly understood by many of those involved.