§ 14.5-409

Maryland § 14.5-409

• Jurisdiction: Maryland
• Article get: Estates and Trusts

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(a) In addition to the methods of termination prescribed by §§ 14.5–410 through 14.5–412 of this subtitle, a trust terminates to the extent:

(1) The trust is revoked or expires in accordance with the terms of the trust; or

(2) The purposes of the trust have become unlawful, contrary to public policy, or impossible to achieve.

(b) A proceeding to approve or disapprove a proposed modification or termination under §§ 14.5–410 through 14.5–414 of this subtitle, or combination or division of a trust under § 14.5–415 of this subtitle, may be commenced by a trustee or beneficiary.