- 4 - 17. There is absolutely no evidence from which the Court can adduce that there has been a legal as- signment of John P. Wilde as the Co-Trustee of the TMP Trust. 18. Petitioner has provided no evidence that Mr. Wilde’s appointment as Co-Trustee is valid or autho- rized under the terms of the TMP trust indenture (as- suming one exists). * * * * * * * 20. * * * petitioner has failed to demonstrate that John P. Wilde was legally appointed as Co-Trustee authorized to act on behalf of the TMP trust and bring the instant case before this Court. See T.C. Rule 60(c). Petitioner filed an objection to respondent’s motion in which it asks the Court to deny that motion. That objection asserts in pertinent part: 3. The Respondent’s objection goes to the manage- ment of the Trust, its internal affairs, concerns about its administration, the declaration of rights and the determinations of matters involving the trustee. As the Respondent concedes that these [sic] are “Arizona Trusts” [sic] * * *, this issue falls within the exclu- sive jurisdiction of the superior court here in the State of Arizona. See A.R.S. � 14-7201. At this point, this court is without jurisdiction to determine whether * * * [Mr. Wilde] is the duly authorized Trustee. The Petitioner need not remind the Court of the consequences of taking any action over which sub- ject matter is completely lacking. 4. Any objection the Respondent or Respondent’s counsel has in this area must be taken up in the Supe- rior Court here in Arizona, assuming of course the Respondent or Respondent’s counsel has standing. The irony is of course, if Respondent or Respondent’s counsel does take the matter up with the Superior Court, where the Respondent will have the burden of proof, and if the Superior Court finds that the Trusts are valid, then the Respondent will be barred by resPage: Previous 1 2 3 4 5 6 7 Next
Last modified: May 25, 2011