Ind. Code § 30-4-10-12

Current through P.L. 171-2024

Section 30-4-10-12 - "Decanting power"

As used in this chapter, "decanting power" means the power of an authorized fiduciary under this chapter to:

(1) distribute property of a first trust to one (1) or more second trusts; or

(2) to modify the terms of the first trust.

IC 30-4-10-12

Added by P.L. 161-2022,SEC. 3, eff. 7/1/2022.