Alabama § 19-3A-605 Consent of Beneficiaries

Alabama Statutes

§ 19-3A-605 — Consent of Beneficiaries

Alabama § 19-3A-605

Title 19Fiduciaries and Trusts

Ch. 3AAlabama Principal and Income Act

Art. 6Miscellaneous Provisions

This text of Alabama § 19-3A-605 (Consent of Beneficiaries) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 19-3A-605 (2026).

Text

A fiduciary may at any time obtain the written consent of all of the current income beneficiaries and presumptive remainder beneficiaries of a trust or decedent’s estate as to the fiduciary’s exercise of any discretion granted under this chapter, including the application of the chapter to pre-existing trusts or decedent’s estates, and such written consent shall conclusively bind all persons who may have any interest in the affected trust or decedent’s estate, including all contingent remainder beneficiaries and potential appointees of the affected trust or decedent’s estate.

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A fiduciary may at any time obtain the written consent of all of the current income beneficiaries and presumptive remainder beneficiaries of a trust or decedent’s estate as to the fiduciary’s exercise of any discretion granted under this chapter, including the application of the chapter to pre-existing trusts or decedent’s estates, and such written consent shall conclusively bind all persons who may have any interest in the affected trust or decedent’s estate, including all contingent remainder beneficiaries and potential appointees of the affected trust or decedent’s estate.