Arizona Laws 14-10417. Combination and division of trusts
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Unless the trust instrument provides that notice is not required, after notice to the qualified beneficiaries, a trustee may combine two or more trusts into a single trust or divide a trust into two or more separate trusts, if the result does not impair rights of any beneficiary or adversely affect achievement of the purposes of the trust.
Terms Used In Arizona Laws 14-10417
- Trust: includes an express trust, private or charitable, with any additions, wherever and however created. See Arizona Laws 14-1201