(a) If the happening of an event affects the foundation’s administration or a distribution from the foundation, then a foundation official who has exercised reasonable care to ascertain the happening of the event is not liable for a loss resulting from the foundation official’s lack of knowledge.
(b) An event to which subsection (a) applies includes:

Ask a will, trust or estate question, get an answer ASAP!
Thousands of highly rated, verified estate & trust lawyers.
Click here to chat with a lawyer about your rights.


(1) Marriage;
(2) Divorce;
(3) The performance of educational requirements; or
(4) Death.