Section 30-4-2.1-16 - Rules of interpretation concerning a trustee's independence from the settlorAbsent clear and convincing evidence otherwise, a settlor of an irrevocable trust may not be considered the alter ego of a trustee. The following factors, alone or in combination, are not sufficient evidence to conclude that the settlor controls a trustee or is the alter ego of the trustee:
(1) Any combination of the factors listed in section 15 of this chapter.(2) Isolated occurrences of the settlor signing checks, making disbursements, or executing other documents related to the trust as a trustee when the settlor is, in fact, not a trustee.(3) Requesting a trustee to make distributions on behalf of a beneficiary.(4) Requesting a trustee to hold, purchase, or sell any trust property.As added by P.L. 6-2010, SEC.16.