Kentucky Statutes 386B.10-040 – Attorney’s fees and costs
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In a judicial proceeding involving the administration of a trust, the court, as justice and equity may require, may award costs and expenses, including reasonable attorney‘s fees, to any party, to be paid by another party or from the trust that is the subject of the controversy.
Effective: July 15, 2014
History: Created 2014 Ky. Acts ch. 25, sec. 82, effective July 15, 2014.
Effective: July 15, 2014
Terms Used In Kentucky Statutes 386B.10-040
- Attorney: means attorney-at-law. See Kentucky Statutes 446.010
- Trust: means an express trust established by a trust instrument, including a will, whereby a trustee has the duty to administer a trust asset for the benefit of a named or otherwise described income or principal beneficiary, or both. See Kentucky Statutes 386B.1-010
History: Created 2014 Ky. Acts ch. 25, sec. 82, effective July 15, 2014.