2006 Louisiana Laws - RS 9:1895 — Effect of death of class member during the term of the trust
§1895. Effect of death of class member during the term of the trust
A. An interest of a member of the class who dies during the term of the trust vests in his heirs or legatees, but the trust instrument may provide that the interest of a member of the class who dies intestate and without descendants during the term of the trust vests in the other members of the class, or, except as to the legitime in trust, that the interest of a member of the class who dies without descendants during the term of the trust or at its termination vests in the other members of the class.
B. For this purpose the term "other members of the class" shall include the successors to the interests of any members of the class who predecease such deceased class member, unless the trust instrument provides otherwise.
Acts 1988, No. 284, §1; Acts 1997, No. 254, §1.
Disclaimer: These codes may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
