59-16.1-07. Term of appointed trust.
42 words·~1 min read·
/nd/title-59/chapter-59-16-1-trust-decanting/59-16-1-07·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The appointed trust to which an authorized trustee appoints the assets of the invaded trust may have a term that is longer than the term set forth in the invaded trust, including, a term measured by the lifetime of a current beneficiary.