Maryland Code, ESTATES AND TRUSTS 14-607
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Terms Used In Maryland Code, ESTATES AND TRUSTS 14-607
- Fiduciary: A trustee, executor, or administrator.
(a) Any exercise of the decanting power shall be made in a record signed by an authorized fiduciary.
(b) (1) The record required by this subsection shall identify:
(i) The first trust;
(ii) Any second trust;
(iii) Any property being distributed to a second trust; and
(iv) Any property remaining in the first trust.
(2) The record required by this subsection may include information by reference to the notice required by § 14-605 of this subtitle.