Md. Code, Est. & Trusts § 14-618

Current with changes from the 2024 Legislative Session
Section 14-618 - Authorized fiduciary

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.

Md. Code, ET § 14-618

Added by 2023 Md. Laws, Ch. 716, Sec. 1, eff. 10/1/2023.
Added by 2023 Md. Laws, Ch. 715, Sec. 1, eff. 10/1/2023.