Sehremelis

FACTS

I.

THE TRUST

In 2014, George Sehremelis established a trust and transferred all his property to it, including his substantial real estate holdings.2 The trust provided for George’s living children to become beneficiaries upon his death. It expressed George’s desire that his real estate holdings be maintained “for the long term benefit of his children and [grandchildren].” The trust also included a termination clause, which provided: “Notwithstanding the foregoing provisions, upon the approval of a majority of [George’s] then living children, the trust may be terminated . . . .” Through a subsequent amendment, George named two successor cotrustees, Andy and Joseph Ressler (George’s accountant).3 Among other powers, the trust authorized the trustees to “commence or defend such

1 For clarity, we refer to all members of the family by their first

names. We refer to Andy in accord with the parties’ briefing. 2 George later executed a pour-over will, devising his entire estate

to the trust. 3 We refer to Andy and Ressler together as respondents.

2 litigation with respect to the trust or any property of the trust estate as the trustee[s] may deem advisable, at the expense of…