12 Del. C. § 3593: Interest on pecuniary gifts in trust [For application of this section, see 79 Del. Laws, c. 172, § 6].
Where this section sits in the code
- Title 12. Decedents’ Estates and Fiduciary Relations
- Fiduciary Relations
- CHAPTER 35. Trusts
- Subchapter VII. Liability of Trustees and Rights of Persons Dealing With Trustee
Except where circumstances justify a longer period, pecuniary gifts from an inter vivos trust which are payable as of the death of the trustor or another person, shall bear interest at the rate of 4 percent per annum payable from the trust beginning 13 months after such death, or, if there is a change of trustee as a result of such death, 13 months after the trustee first takes office as trustee following such death, until payment, unless a contrary intent is indicated by the governing instrument.
Collected 2026-09-05T23:02:16Z. Source file · JSON