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Maryland · Through 2026-01-01

Md. Code, Estates and Trusts § 14–615

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  1. Article - Estates and Trusts

An authorized fiduciary may not exercise the decanting power to modify a provision in a first trust instrument granting another person the power to remove or replace the authorized fiduciary unless:

(1) If the modification applies only to the person, the person holding the power consents to the modification in a signed record;

(2) The person holding the power and the qualified beneficiaries of the second trust consent to the modification in a signed record and the modification grants a substantially similar power to another person; or

(3) A court approves the modification and the modification grants a substantially similar power to another person.

Collected 2026-09-14T19:58:07Z. Source file · JSON

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