Current with changes from the 2024 legislative session effective on or before 7/1/2024, from Acts 2,3, 6-535, and 580-647
Section 9:1833 - Term in absence of stipulationIf the trust instrument stipulates no term, the trust shall terminate:
(1) Upon the death of the last income beneficiary who is a natural person; or(2) At the end of the term prescribed by R.S. 9:1831(3) or 9:1831(4), if the income beneficiaries do not include a natural person.