Iowa § 633A.2202 Modification or termination by settlor and all beneficiaries

Iowa Statutes

§ 633A.2202 — Modification or termination by settlor and all beneficiaries

Iowa § 633A.2202

Title XVJUDICIAL BRANCH AND JUDICIAL PROCEDURES

Ch. 633AIOWA TRUST CODE

This text of Iowa § 633A.2202 (Modification or termination by settlor and all beneficiaries) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 633A.2202 (2026).

Text

1.An irrevocable trust may be modified or terminated upon the consent of the settlor and all of the beneficiaries.

2.Upon termination of the trust, the trustee shall distribute the trust property as agreed by the settlor and all beneficiaries, or in the absence of unanimous agreement, as ordered by the court.

3.For purposes of this section, the consent of a person who may bind a beneficiary or otherwise act on a beneficiary’s behalf is considered the consent of the beneficiary.

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1. An irrevocable trust may be modified or terminated upon the consent of the settlor and
all of the beneficiaries.
2. Upon termination of the trust, the trustee shall distribute the trust property as agreed
by the settlor and all beneficiaries, or in the absence of unanimous agreement, as ordered by
the court.
3. For purposes of this section, the consent of a person who may bind a beneficiary or
otherwise act on a beneficiary’s behalf is considered the consent of the beneficiary.