Kansas § 58a-414 Termination of uneconomic trust

Kansas Statutes

§ 58a-414 — Termination of uneconomic trust

Kansas § 58a-414

Ch. 58aKANSAS UNIFORM TRUST CODE

Art. 4CREATION, VALIDITY, MODIFICATION AND TERMINATION OF TRUST

This text of Kansas § 58a-414 (Termination of uneconomic trust) is published on Counsel Stack Legal Research, covering Kansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Kan. Stat. Ann. § 58a-414 (2026).

Text

(a)After notice to the qualified beneficiaries, the trustee of a trust consisting of trust property having a total value less than $250,000 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:

(1)An easement for conservation or preservation; or

(2)any trust if assets are distributable to the trustee or anyon

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(a) After notice to the qualified beneficiaries, the trustee of a trust consisting of trust property having a total value less than $250,000 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:
(1) An easement for conservation or preservation; or
(2) any trust if assets are distributable to the trustee or anyone the trustee is obligated to support.