The Vermont Statutes Online
The Statutes below include the actions of the 2024 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 14A : Trusts
Chapter 014 : Uniform Trust Decanting Act
(Cite as: 14A V.S.A. § 1421)-
§ 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.)
