Cal. Probate Code § 19518
Cal. Probate Code § 19518
California · California Probate Code · Status: effective · Effective 2019-01-01
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- Citation
- Cal. Probate Code § 19518, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/895853
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Full text
An authorized fiduciary may not exercise the decanting power to modify a provision in a first trust instrument granting another person power to remove or replace the fiduciary unless any of the following occurs:
(a) The person holding the power consents to the modification in a signed writing and the modification applies only to the person.
(b) The person holding the power and the qualified beneficiaries of the second trust consent to the modification in a signed writing and the modification grants a substantially similar power to another person.
(c) The court approves the modification and the modification grants a substantially similar power to another person.