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2017 Delaware Code
Title 12 - Decedents' Estates and Fiduciary Relations
CHAPTER 35. TRUSTS
Subchapter VII Liability of Trustees and Rights of Persons Dealing With Trustee
§ 3593. Interest on pecuniary gifts in trust [For application of this section, see 79 Del. Laws, c. 172, § 6].
Universal Citation: 12 DE Code § 3593 (2017)
Except where circumstances justify a longer period, pecuniary gifts from an inter vivos trust which are payable as of the death of the trustor or another person, shall bear interest at the rate of 4 percent per annum payable from the trust beginning 13 months after such death, or, if there is a change of trustee as a result of such death, 13 months after the trustee first takes office as trustee following such death, until payment, unless a contrary intent is indicated by the governing instrument.
75 Del. Laws, c. 299, § 2; 79 Del. Laws, c. 172, § 3.;
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