Vt. Stat. tit. 14A § 1421

Current through L. 2024, c. 185.
Section 1421 - Need to distribute not required

An authorized fiduciary may exercise the decanting power whether or not under the first trust's discretionary distribution standard the fiduciary would have made or could have been compelled to make a discretionary distribution of principal at the time of the exercise.

14A V.S.A. § 1421

Added by 2024, No. 177,§ 1, eff. 7/1/2024.