MAINE UNIFORM TRUST DECANTING ACT

  1. Law
  2. Maine Revised Statutes
  3. TRUSTS
  4. MAINE UNIFORM TRUST CODE
  5. MAINE UNIFORM TRUST DECANTING ACT

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Section
18-B §1201

Short title

Section
18-B §1202

Definitions

Section
18-B §1203

Scope

Section
18-B §1204

Fiduciary duty

Section
18-B §1205

Application; governing law

Section
18-B §1206

Reasonable reliance

Section
18-B §1207

Notice; exercise of decanting power

Section
18-B §1208

Court involvement

Section
18-B §1209

Formalities

Section
18-B §1210

Decanting power under expanded distributive discretion

Section
18-B §1211

Decanting power under limited distributive discretion

Section
18-B §1212

Trust for beneficiary with disability

Section
18-B §1213

Protection of charitable interest

Section
18-B §1214

Trust limitation on decanting

Section
18-B §1215

Change in compensation

Section
18-B §1216

Relief from liability and indemnification

Section
18-B §1217

Removal or replacement of authorized fiduciary

Section
18-B §1218

Tax-related limitations

Section
18-B §1219

Duration of 2nd trust

Section
18-B §1220

Need to distribute not required

Section
18-B §1221

Savings provision

Section
18-B §1222

Trust for care of animal

Section
18-B §1223

Terms of 2nd trust

Section
18-B §1224

Settlor

Section
18-B §1225

Later-discovered property

Section
18-B §1226

Obligations

Section
18-B §1227

Uniformity of application and construction

Section
18-B §1228

Relation to Electronic Signatures in Global and National Commerce Act

Section
18-B §1229

Effective date