KRS 386B.8-150: General powers of trustee.

(1) A trustee, without authorization by the court, may exercise:

(a) Powers conferred by the terms of the trust; and

(b) Except as limited by the terms of the trust:

1. All powers over the trust property which an unmarried competent owner

has over individually owned property;

2. Any other powers appropriate to achieve the proper investment,

management, and distribution of the trust property; and

3. Any other powers conferred by this chapter.

(2) The exercise of a power is subject to the fiduciary duties prescri bed by this

subchapter.