Nebraska § 30-4520 Duration of second trust

Nebraska Statutes

§ 30-4520 — Duration of second trust

Nebraska·Ch. 30 Decedents' Estates; Protection of Persons and Property

(a)Subject to subsection (b) of this section, 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 which apply to property of the first trust.

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(a) Subject to subsection (b) of this section, 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 which apply to property of the first trust.

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