Terms of a trust definition

Terms of a trust means the manifestation of the settlor's intent regarding a trust's provisions as expressed in the trust instrument or as may be established by other evidence that would be admissible in a judicial proceeding.
Terms of a trust means the manifestation of the intent of a settlor or decedent with respect to the trust, expressed in a manner that admits of its proof in a judicial proceeding, whether by written or spoken words or by conduct.
Terms of a trust means the manifestation of the settlor's intent

Examples of Terms of a trust in a sentence

  • Terms of a trust that limit the power of a trustee to make an adjustment between principal and income do not affect the application of this section unless it is clear from the terms of the trust that the terms are intended to deny the trustee the power of adjustment conferred by subsection (a) of this section.

  • Terms of a trust that grant discretion to preserve a portion of the trust shall not qualify as a clear statement requiring the trustee to preserve a portion of the trust.

  • Terms of a trust that limit the power of a trustee to make an adjustment between principal and income do not affect the application of this section unless it is clear from the terms of the trust that the terms are intended to deny the trustee the power of adjustment conferred by subsection 1.[PL 2017, c.

  • Terms of a trust that limit the power of a trustee to make an adjustment between principal and income do not affect the application of this section unless it is clear from the terms of the trust that the terms are intended to deny the trustee the power of adjustment conferred by subsection (a).

  • Terms of a trust that limit the power of a trustee to make an adjustment between principal and income do not affect the application of this section unless it is clear from the terms of the trust that the terms are intended to deny the trustee the power of adjustment conferred by subsection 1.


More Definitions of Terms of a trust

Terms of a trust means the manifestation of the
Terms of a trust means the manifestation of the settlor's intent regarding a trust's provisions as
Terms of a trust means the manifestation of the settlor’s intent
Terms of a trust means the written or oral terms of a trust and any other terms applicable under its proper law;
Terms of a trust. ’ means the manifestation of the settlor’s intent regarding a trust’s provisions as expressed in the trust instrument or as may be established by other evidence that would be admissible in a ju- dicial proceeding.
Terms of a trust means the written or oral terms of a trust, and also means any other terms made applicable by the proper law;
Terms of a trust means the manifestation of the intent of a settlor or decedent