2010 Pennsylvania Code
Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES
Chapter 77 - Trusts
7740.8 - Combination of trusts.

     § 7740.8.  Combination of trusts.
        (a)  With court approval.--The court, for cause shown, may
     authorize the combination of separate trusts with substantially
     similar provisions upon terms and conditions and with notice as
     the court shall direct notwithstanding that the trusts may have
     been created by separate instruments and by different persons.
     If necessary to protect possibly different future interests, the
     assets shall be valued at the time of the combination, and a
     record made of the proportionate interest of each separate trust
     in the combined fund.
        (b)  Without court approval.--A trustee may, without court
     approval, combine trusts that were created under the same or
     different instruments if the trusts have identical provisions,
     tax attributes and trustees.

        Cross References.  Section 7740.8 is referred to in section
     7740 of this title.