Section 45 Subsection 5
| Library | Trust and Estate Legislation 2012 |
This section does not impose on a trustee a duty to exercise the authority granted by subsection 1 of this section in favor of another trust or to consider exercising such authority in favor of another trust.
Section 456.4-419.5, RSMo Supp. 2011.
This provision makes explicit that the mere presence of the decanting statute does not itself create in the trustee a duty to decant or even to consider decanting. But a trustee should remember that a trustee has a fiduciary duty to consider the best means of...
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