Statute · California Probate Code
Cal. Prob. Code § 19521 — Uniform Trust Decanting Act
Cal. Prob. Code § 19521
- Type
- Statute
- Source
- California Probate Code
- Jurisdiction
- California
- Date
- 2019-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
An authorized fiduciary may exercise the decanting power whether or not under the first trust’s discretionary distribution standard the fiduciary would have made or could have been compelled to make a discretionary distribution of principal at the time of the exercise.
Citator
Cal. Prob. Code § 19521 — Uniform Trust Decanting Act is in force in the current edition of the Code, and nothing recorded condemns it.
An authorized fiduciary may exercise the decanting power whether or not under the first trust’s discretionary distribution standard the fiduciary would have made or could have been compelled to make a discretionary distribution of principal at the time of the exercise.