Louisiana Statutes

§ 9:2014 — Number of settlors allowed

Louisiana·Title 9 Civil Code-Ancillaries
A.Except as provided in Subsection B, the provisions of this Subpart shall apply only if the trust has but one settlor.
B.If a trust is created by two settlors who are married to each other, and the trust instrument divides community property in the manner described in R.S. 9:1955, and the trust becomes irrevocable as to a spouse's share or trust no later than at the death of that spouse, the beneficiaries of such share or trust may be ascertained under the provisions of this Subpart.

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Legislative History

Acts 1988, No. 589, §1; Acts 1995, No. 1038, §3.

Nearby Sections

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