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Illinois · Through at least Public Act 104-790

760 ILCS 3/1221: Need to distribute not required.

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Where this section sits in the code
  1. CHAPTER 760 TRUSTS AND FIDUCIARIES
  2. Illinois Trust Code.

An authorized fiduciary may exercise the decanting power whether or not under the first trust's discretionary distribution standard the fiduciary would have made or could have been compelled to make a discretionary distribution of principal at the time of the exercise.

Collected 2026-09-15T04:46:44Z. Source file · JSON

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