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Current as of January 01, 2025 | Updated by Findlaw Staff
If a trust provides for one or more successor beneficiaries after the death of the settlor, the trust is not invalid, merged, or terminated in either of the following circumstances:
(a) Where there is one settlor who is the sole trustee and the sole beneficiary during the settlor's lifetime.
(b) Where there are two or more settlors, one or more of whom are trustees, and the beneficial interest in the trust is in one or more of the settlors during the lifetime of the settlors.
Cite this article: FindLaw.com - California Code, Probate Code - PROB § 15209 - last updated January 01, 2025 | https://codes.findlaw.com/ca/probate-code/prob-sect-15209/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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