Petition for Transfer; Contents

A petition for the order authorizing a transfer referred to in Section 3343 of this Title may be filed with the Clerk of the Superior Court by the trustee or by a beneficiary of a trust. The petition shall be verified and shall state:

(a)The names, ages and places of residence of

(1)the trustee administering the trust in Guam,

(2)the trustee, including any domiciliary trustee, in the other jurisdiction to whom administration of the trust or such assets will be transferred, and

(3)all persons who are interested in the trust as beneficiaries, so far as known to petitioner;

(b)Whether the trustee in the other jurisdiction has agreed to accept the trust. If so, the acceptance or a true copy thereof shall be attached as an exhibit to the petition, or otherwise filed with the Clerk of the Superior Court;

(c)A statement of the character, condition, location and value of the property comprising the assets sought to be transferred;

(d)A general statement of the qualifications of the trustee who will administer the trust in the other jurisdiction; the amount of bond, if any; the nature and value of the assets of any trust of the decedent or trustor under his administration in the other jurisdiction; and the name of the court, if any, having jurisdiction of such trustee or of such trustees accounts or in which a proceeding may be had, with respect to administration of the trust or the trustee’s accounts;

(e)Whether there is any pending civil action in Guam against the trustee administering the trust in Guam; and

(f)A statement of the reasons for the transfer.