Grant of Petition; Issuance of Order; Requirements

The Superior Court may, in its discretion, grant the petition referred to in Section 3359 of this Title and issue an order accepting transfer of place of administration of the trust or trust assets to Guam, appoint a trustee to administer the trust in Guam, and require the trustee to post appropriate bond, if necessary, if after hearing it appears to the Superior Court that:

(a)The transfer of the trust assets to a trustee in Guam, or the transfer of the place of administration to Guam, will facilitate the economical and convenient administration of the trust and promote the best interests of the trust and those interested therein;

(b)The transfer will not violate the terms of the trust;

(c)The trustee appointed by the Superior Court to administer the trust in Guam, to whom the trust assets are to be transferred, is qualified, willing, and able to administer the trust or trust assets upon the same trusts; and

(d)The proper court in the other jurisdiction has approved the transfer if such approval is necessary under the law of the other jurisdiction. CH. 33 ADMINISTRATION OF TRUSTS