District of Columbia § 19-1925 Settlor.

District of Columbia Statutes

§ 19-1925 — Settlor.

District of Columbia·Title 19 Descent, Distribution, and Trusts. [Enacted title]·Ch. 19 Uniform Trust Decanting Code.

(a)For the purposes of law of the District other than this chapter and subject to subsection (b) of this section, a settlor of a first trust is deemed to be the settlor of the second trust with respect to the portion of the principal of the first trust subject to the exercise of the decanting power.

(b)In determining settlor intent with respect to a second trust, the intent of a settlor of the first trust, a settlor of the second trust, and the authorized fiduciary may be considered.

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(a) For the purposes of law of the District other than this chapter and subject to subsection (b) of this section, a settlor of a first trust is deemed to be the settlor of the second trust with respect to the portion of the principal of the first trust subject to the exercise of the decanting power.

(b) In determining settlor intent with respect to a second trust, the intent of a settlor of the first trust, a settlor of the second trust, and the authorized fiduciary may be considered.

District of Columbia § 19-1925 (Settlor.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.