Indiana § 30-4-10-50 Duration of second trust; property attributable to both first trust and
second trust

Indiana Statutes

§ 30-4-10-50 — Duration of second trust; property attributable to both first trust and second trust

Indiana·Art. 4 TRUST CODE·Ch. 10 Uniform Trust Decanting Act

(a)Subject to subsection (b), a second trust may have a duration that is the same as or different from the duration of the first trust.

(b)To the extent that property of a second trust is attributable to property of the first trust, the property of the second trust is subject to any rules governing maximum perpetuity, accumulation, or suspension of the power of alienation that apply to property of the first trust.

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(a) Subject to subsection (b), a second trust
may have a duration that is the same as or different from the duration
of the first trust.
(b) To the extent that property of a second trust is attributable to
property of the first trust, the property of the second trust is subject to
any rules governing maximum perpetuity, accumulation, or suspension
of the power of alienation that apply to property of the first trust.

Indiana § 30-4-10-50 (Duration of second trust; property attributable to both first trust and second trust) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.