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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) In addition to the methods of termination prescribed by sections 45a-499ee, 45a-499ff and 45a-499ii, a noncharitable trust terminates to the extent the trust is revoked or expires pursuant to its terms.
(b) A charitable trust may be terminated only in accordance with the provisions of section 45a-499gg, 45a-499hh or 45a-520.
(c) A proceeding to approve or disapprove a proposed modification or termination of a trust under sections 45a-499ee to 45a-499kk, inclusive, or trust combination or division under section 45a-499ll may be commenced by a trustee or beneficiary. The settlor of a charitable trust or a person designated by the settlor who would not otherwise have standing may maintain a proceeding to modify the trust under section 45a-499gg or 45a-499hh if the trust instrument expressly grants the settlor or the person the right to do so.
(d) The trustee is a necessary party in any proceeding under sections 45a-499ee to 45a-499ll, inclusive. The trustee may appeal any order, denial or decree under sections 45a-499ee to 45a-499ll, inclusive.
Cite this article: FindLaw.com - Connecticut General Statutes Title 45A. Probate Courts and Procedure § 45a-499dd. Modification or termination of trust; proceedings for approval or disapproval - last updated January 01, 2025 | https://codes.findlaw.com/ct/title-45a-probate-courts-and-procedure/ct-gen-st-sect-45a-499dd/
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