Decanting power or "the decanting power" means the power of an authorized fiduciary under this part 9 to distribute property of a first trust to one or more second trusts or to modify the terms of the first trust.
Decanting power or “the decanting power” means the power of
Decanting power means the power of an authorized fiduciary under the Uniform Trust Decanting Act (§ 64.2-779.1 et seq.) to distribute property of a first trust to one or more second trusts or to modify the terms of the first trust.
Examples of Decanting power in a sentence
Decanting power" means the power of an authorized fiduciary under this Act to distribute property of a first trust to one or more 2nd trusts or to modify the terms of the first trust.[PL 2021, c.
More Definitions of Decanting power
Decanting power means the power of an authorized fiduciary under the Uniform Trust Decanting
Decanting power or “the decanting power” means the power of an authorized fiduciary under
Decanting power means the power of an autho- rized fiduciary under this subchapter to distribute prop- erty of a first trust to one or more 2nd trusts or to modify the terms of the first trust.
Decanting power means the power of an authorized fiduciary under this
Decanting power or "the decanting power" means the power of a trustee under this chapter to distribute income and principal of a first trust to one or more second trusts or to modify the terms of the first trust.