Combination and division of trusts

  1. Law
  2. Arkansas Code
  3. Wills, Estates, and Fiduciary Relationships
  4. Fiduciary Relationships
  5. Arkansas Trust Code
  6. Creation, Validity, Modification, and Termination of Trust
  7. Combination and division of trusts

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  1. (a)

    1. (1) After notice to the qualified beneficiaries, a trustee may combine two (2) or more trusts into a single trust or divide a trust into two (2) or more separate trusts, if the result does not impair rights of any beneficiary or adversely affect achievement of the purposes of the trust.

    2. (2) A trustee may exercise the authority granted in this section without court approval.

  2. (b) This section does not repeal the Trustee Division of Trusts Act, § 28-69-701 et seq.


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