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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) The decanting power may be exercised for a trust established under § 14.5-407 of this article to the same extent that the decanting power could be exercised if each animal benefitting from the trust were a person.
(b) Notwithstanding any other provision of this title, in an exercise of the decanting power under this section, the second trust must provide that trust property may be applied only to its intended purpose for the period the first trust benefitted the animal.
Cite this article: FindLaw.com - Maryland Code, Estates and Trusts § 14-620 - last updated January 01, 2025 | https://codes.findlaw.com/md/estates-and-trusts/md-code-est-and-trst-sect-14-620/
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