Cal. Probate Code § 19517
Cal. Probate Code § 19517
California · California Probate Code · Status: effective · Effective 2019-01-01
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- Citation
- Cal. Probate Code § 19517, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/895852
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Full text
(a) Except as otherwise provided in this section, a second trust instrument may not relieve an authorized fiduciary from liability for breach of trust to a greater extent than the first trust instrument.
(b) A second trust instrument may provide for indemnification of an authorized fiduciary of the first trust or another person acting in a fiduciary capacity under the first trust for any liability or claim that would have been payable from the first trust if the decanting power had not been exercised.
(c) A second trust instrument may not reduce fiduciary liability in the aggregate.
(d) Subject to subdivision (c), a second trust instrument may reallocate fiduciary powers among fiduciaries as permitted by the law of this state other than this part.