KRS 386B.13-160: Relief from liability and indemnification.

(1) 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.

(2) A second -trust instrument may provide for indemnific ation 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.

(3) A second-trust instrument may not reduce fiduciary liability in the aggregate.

(4) Subject to subsection (3) of this section, a second -trust instrument may divide and

reallocate fiduciary powers among the fiduciaries, including one (1) or more

trustees, distrib ution advisors, investment advisors, trust protectors, or other

persons, and relieve a fiduciary from liability for an act or failure to act of another

fiduciary as permitted by law of this Commonwealth other than KRS 386B.13 -010

to 386B.13-280.