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Vermont Stat.
2025 Vermont Statutes
Title 14A - Trusts
Chapter 14 - Uniform Trust Decanting Act
§ 1421. Need to distribute not required
Universal Citation:
14 VT Stats § 1421
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§ 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. (Added 2023, No. 177 (Adj. Sess.), § 1, eff. July 1, 2024.)
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