P.R. Laws tit. 32, § 3353e
2019-02-20 00:00:00+00
If a trust has several beneficiaries and one of them dies, the trust instrument shall provide the manner in which to dispose of said interest.
If the trust has several income beneficiaries and one or several beneficiaries of principal who must receive said income upon the death of the last income beneficiary, in the event of death of one of the income beneficiaries, the other income beneficiaries shall accumulate said interest until the last income beneficiary dies, except as otherwise provided in the trust instrument.
History —Aug. 31, 2012, No. 219, § 39.