Connecticut § 45a-489 Title and beneficial interest in property held in trust not merged nor trust invalidated, when.

Connecticut Statutes

§ 45a-489 — Title and beneficial interest in property held in trust not merged nor trust invalidated, when.

Connecticut·Title 45a Probate Courts and Procedure·Ch. 802c Trusts

(a)The legal title to and the beneficial interest in property that is held in trust are not merged, nor is a trust invalidated, because any person, including the settlor of the trust, is or may become the sole trustee and the sole holder of any or all beneficial interests therein, whether any such interest be vested or contingent, present or future, and whether created by express provision of the trust instrument or as a result of reversion to the settlor's estate.

(b)This section shall be applicable to all trusts whether created before, on or after October 1, 1999. Nothing in this section shall be construed to invalidate any trust created prior to October 1, 1999.

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(a) The legal title to and the beneficial interest in property that is held in trust are not merged, nor is a trust invalidated, because any person, including the settlor of the trust, is or may become the sole trustee and the sole holder of any or all beneficial interests therein, whether any such interest be vested or contingent, present or future, and whether created by express provision of the trust instrument or as a result of reversion to the settlor's estate. (b) This section shall be applicable to all trusts whether created before, on or after October 1, 1999. Nothing in this section shall be construed to invalidate any trust created prior to October 1, 1999.

Connecticut § 45a-489 (Title and beneficial interest in property held in trust not merged nor trust invalidated, when.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.