Current through 2024 Regular Session legislation
Section 130.545 - Encumbrance or disposition of property after trust instrument executedUnless otherwise provided by the terms of the trust instrument:
(1) A disposition of a portion of property that is subject to a specific distribution does not affect the operation of the trust upon the remaining portion of the property; and(2) If property subject to a specific distribution is encumbered, the property passes under the specific distribution but is subject to the encumbrance.