Accounting and Notification Sample Clauses

Accounting and Notification. The Trustee shall not be required to render an accounting of the [__________] Trust to any court; however, the Trustee shall report, at least annually, all of the receipts, disbursements, and distributions occurring during the reporting period, along with a complete statement of the property of the [__________] Trust, to the Grantor, if then living, otherwise to [___________________________]. If any individual to whom an account is so rendered is under a legal disability, the Trustee shall render the account to the individual’s parent or other legal representative. Except as specifically set forth above, the Trustee is directed to not provide the notification otherwise required pursuant to T.C.A. §35-15-813(b), or any similar successor statute. The Trustee shall not be required to respond to requests pursuant to T.C.A. §35-15-813(a) for information regarding the [__________] Trust from any individual who is not a current recipient of the annual accounting.
Sample 1
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Related to Accounting and Notification

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