KRS 386.360: Trust instruments -- How amended.

(1) In order to assist charitable trust interests in maintaining various tax benefits

extended to them, the governing instrument of a trust may be amended to permit the

trust to conform to the requirements of, or to obtain benefits available under,

applicable provisions of the Internal Revenue Code. Such amendment may be made

by the trustee with the approval of the Attorney General of this state, of the trustor

and, if one (1) or more beneficiaries are named in the governing instrument of such

trust, of each na med beneficiary. If the trustor is not then living or is not then

competent to give such approval, such amendment may be made by the trustee with

the approval of the Attorney General and, if one (1) or more beneficiaries are named

in the governing instrume nt of such trust, of each named beneficiary. If one (1) or

more of said required approvals is not obtained, the trustee may apply to the court

having jurisdiction over such trust for approval of such amendment. Said governing

instrument may also be amended in any respect and by any method set forth in such

instrument or as otherwise provided by law.

(2) Nothing in this section shall impair the rights and powers of the courts or the

Attorney General with respect to any trust.