Pennsylvania Statutes Title 20 Pa.C.S.A. Decedents, Estates and Fiduciaries § 7503. Application of chapter

(1) Any trust created under a governing instrument executed on or after March 21, 1999, unless the governing instrument expressly provides that this chapter does not apply.

(2) Any trust created under a governing instrument executed before March 21, 1999, unless all interested parties affirmatively elect on or before December 21, 2001, by a written declaration signed by or on behalf of each interested party and delivered to the trustee, not to be subject to the application of this chapter. In the case of a testamentary trust, the declarations shall be filed with the register in the county in which the will was admitted to probate.

(1) Any trust during the time that the trust is revocable or amendable by its settlor.

(2) A spouse of a decedent or settlor where the spouse is the trustee of a testamentary or inter vivos trust for which a marital deduction has been allowed.

(3) Deleted by 2006, July 7, P.L. 625, No. 98, § 6, effective in 60 days [Sept. 5, 2006].

(4) A trust under a governing instrument that by specific reference expressly rejects the application of this chapter.

(5) Deleted by 2006, July 7, P.L. 625, No. 98, § 6, effective in 60 days [Sept. 5, 2006].