KRS 386B.13-250: Later-discovered property.

(1) Except as otherwise provided in subsection (3) of this section, if exercise of the

decanting power was intended to distribute all the principal of the first trust to one

(1) or more second trusts, later -discovered property belonging to the first trust and

property paid to or acquired by the first trust after the exercise of the power is part

of the trust estate of the second trust or trusts.

(2) Except as otherwise provided in subsection (3) of this section, if exercise of the

decanting power was intended t o distribute less than all the principal of the first

trust to one (1) or more second trusts, later -discovered property belonging to the

first trust or property paid to or acquired by the first trust after exercise of the power

remains part of the trust estate of the first trust.

(3) An authorized fiduciary may provide in an exercise of the decanting power or by

the terms of a second trust for disposition of later -discovered property belonging to

the first trust or property paid to or acquired by the first trust after exercise of the

power.