Wyoming Statutes

§ 4-10-817 — Distribution upon termination

Wyoming § 4-10-817
JurisdictionWyoming
Title 04Fiduciaries
Ch. 10UNIFORM TRUST CODE
Art. 8DUTIES AND POWERS OF TRUSTEE

This text of Wyoming § 4-10-817 (Distribution upon termination) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Wyo. Stat. Ann. § 4-10-817 (2026).

Text

(a)Upon termination or partial termination of a trust, the trustee may send to the beneficiaries a proposal for distribution. The right of any beneficiary to object to the proposed distribution terminates if the beneficiary does not notify the trustee of an objection within thirty (30) days after the proposal was sent but only if the proposal informed the beneficiary of the right to object and of the time allowed for objection.
(b)Upon the occurrence of an event terminating or partially terminating a trust, the trustee shall proceed expeditiously to distribute the trust property to the persons entitled to it, subject to the right of the trustee to retain a reasonable reserve for the payment of debts, expenses and taxes.
(c)A release by a beneficiary of a trustee from liability for breac

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Bluebook (online)
Wyoming § 4-10-817, Counsel Stack Legal Research, https://law.counselstack.com/statute/wy/10/4-10-817.