Arizona § 14-10411 Modification or termination of noncharitable irrevocable trust by consent

Arizona Statutes

§ 14-10411 — Modification or termination of noncharitable irrevocable trust by consent

Arizona § 14-10411

Title 14Arizona Revised Statutes

Ch. 11ARIZONA TRUST CODE

Art. 4Creation, Validity, Modification and Termination of Trust

This text of Arizona § 14-10411 (Modification or termination of noncharitable irrevocable trust by consent) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 14-10411 (2026).

Text

A.A noncharitable irrevocable trust may be terminated on consent of all of the beneficiaries if the court concludes that continuance of the trust is not necessary to achieve any material purpose of the trust. A noncharitable irrevocable trust may be modified on consent of all of the beneficiaries if the court concludes that modification is not inconsistent with a material purpose of the trust.

B.On termination of a trust under subsection A, the trustee shall distribute the trust property as agreed by the beneficiaries.

C.If not all of the beneficiaries consent to a proposed modification or termination of the trust under subsection A, the modification or termination may be approved by the court if the court is satisfied that:

1.If all of the beneficiaries had consented, the trust cou

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A. A noncharitable irrevocable trust may be terminated on consent of all of the beneficiaries if the court concludes that continuance of the trust is not necessary to achieve any material purpose of the trust. A noncharitable irrevocable trust may be modified on consent of all of the beneficiaries if the court concludes that modification is not inconsistent with a material purpose of the trust.

B. On termination of a trust under subsection A, the trustee shall distribute the trust property as agreed by the beneficiaries.

C. If not all of the beneficiaries consent to a proposed modification or termination of the trust under subsection A, the modification or termination may be approved by the court if the court is satisfied that:

1. If all of the beneficiaries had consented, the trust could have been modified or terminated under this section.

2. The interests of a beneficiary who does not consent will be adequately protected.