Montana § 72-39-216 Duration Of Second Trust

Montana Statutes

§ 72-39-216 — Duration Of Second Trust

Montana·Title 72 ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS·Ch. 39 UNIFORM TRUST DECANTING ACT·Part 2 Decanting

72-39-216 . Duration of second trust.

(1)Subject to subsection (2), a second trust may have a duration that is the same as or different from the duration of the first trust.

(2)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, which apply to property of the first trust.

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72-39-216 . Duration of second trust. (1) Subject to subsection (2), a second trust may have a duration that is the same as or different from the duration of the first trust.
(2) 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, which apply to property of the first trust.

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