District of Columbia Statutes
§ 19-1304.14 — Termination of uneconomic trust.
District of Columbia § 19-1304.14
JurisdictionDistrict of Columbia
Title 19Descent, Distribution, and Trusts. [Enacted title]
Ch. 13Uniform Trust Code.
Subch. IVCreation, Validity, Modification, and Termination of Trust.
This text of District of Columbia § 19-1304.14 (Termination of uneconomic trust.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
D.C. Code § 19-1304.14 (2026).
Text
(a)After notice to the qualified beneficiaries, the trustee of a trust consisting of trust property having a total value less than $50,000 may terminate the trust if the trustee concludes that the value of the trust property is insufficient to justify the cost of administration.
(b)The court may modify or terminate a trust or remove the trustee and appoint a different trustee if it determines that the value of the trust property is insufficient to justify the cost of administration.
(c)Upon termination of a trust under this section, the trustee shall distribute the trust property in a manner consistent with the purposes of the trust.
(d)This section does not apply to an easement for conservation or preservation.
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Legislative History
Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208
Nearby Sections
15
§ 19-101.01
Applicable law.§ 19-101.02
Homestead allowance.§ 19-101.03
Exempt property.§ 19-101.04
Family allowance.§ 19-101.06
Penalties.§ 19-102
Dower and curtesy abolished.§ 19-104
Absent or incompetent spouse.§ 19-107
Effect of acts of one spouse.§ 19-107a
Release of dower.Cite This Page — Counsel Stack
Bluebook (online)
District of Columbia § 19-1304.14, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/19-1304.14.