Vermont § 1420 Duration of second trust

Vermont Statutes

§ 1420 — Duration of second trust

Vermont § 1420

Title 14ATitle 14A: Trusts

Ch. 14Chapter 014: Uniform Trust Decanting Act

This text of Vermont § 1420 (Duration of second trust) is published on Counsel Stack Legal Research, covering Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Vt. Stat. Ann. tit. 14A, § 1420 (2026).

Text

(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 that apply to property of the first trust. (Added 2023, No. 177 (Adj. Sess.), § 1, eff. July 1, 2024.)

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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 that apply to property of the first trust. (Added 2023, No. 177 (Adj. Sess.), § 1, eff. July 1, 2024.)