KRS 386B.4-100: Modification or termination of trust -- Proceedings for approval or

disapproval.

(1) In addition to the methods of termination prescribed by KRS 386B.4 -110, 386B.4-

120, 386B.4 -130, and 386B.4 -140, a trust terminates to the extent the trust is

revoked or expires pursuant to its terms, no purpose of the trust remains to be

achieved, or the purposes of the trust have become unlawful, contrary to public

policy, or impossible to achieve.

(2) A proceeding to approve or disapprove a proposed modification o r termination

under KRS 386B.4 -110, 386B.4 -120, 386B.4 -130, 386B.4 -140, 386B.4 -150, and

386B.4-160, or trust combination or division under KRS 386B.4 -170, may be

commenced by a trustee or beneficiary, and a proceeding to approve or disapprove a

proposed modification or termination under KRS 386B.4 -110 may be commenced

by the settlor. The settlor of a charitable trust may maintain a proceeding to modify

the trust under KRS 386B.4-130.