KRS 386B.4-170: Combination and division of trusts.
Where this section sits in the code
(1) After notice to the qualified beneficiaries, a trustee may combine two (2) or more
trusts into a single trust or divide a trust into two (2) or more separate trusts, if the
result does not impair rights of any beneficiary or adversely affect achievement of
the purposes of the trust.
(2) Any division of a trust shall be made on a fractional basis, and may be funded by a
non-pro rata distribution of assets to the separate trusts.
(3) The District Court shall have exclusive jurisdiction over matters under this section.
Collected 2026-09-05T20:59:19Z. Source file · JSON