{"data":{"id":"us-ks/k.s.a.-58a-414","jurisdiction":"us-ks","citation":"K.S.A. 58a-414","heading":"Termination of uneconomic trust.","body":"(a) After notice to the qualified beneficiaries, the trustee of a trust consisting of trust property having a total value less than $250,000 may terminate the trust if the trustee concludes that the value of the trust property is insufficient to justify the cost of administration.\n(b) The court may modify or terminate a trust or remove the trustee and appoint a different trustee if it determines that the value of the trust property is insufficient to justify the cost of administration.\n(c) Upon termination of a trust under this section, the trustee shall distribute the trust property in a manner consistent with the purposes of the trust.\n(d) This section does not apply to:\n(1) An easement for conservation or preservation; or\n(2) any trust if assets are distributable to the trustee or anyone the trustee is obligated to support.","path":["Chapter 58a.—KANSAS UNIFORM TRUST CODE","Article 4.—CREATION, VALIDITY, MODIFICATION, AND TERMINATION OF TRUST"],"source_url":"https://www.ksrevisor.gov/statutes/chapters/ch58a/058a_004_0014.html","current_through":"2025 legislative session","vintage":"","retrieved_at":"2026-10-15T06:58:33Z","sha256":"fda820828dd08ccfacfedb5fe4b964c76bfa9fc5ea4955d9d00a033f820dea8d","source_id":"us-ks","stale":false,"prev":"us-ks/k.s.a.-58a-413","next":"us-ks/k.s.a.-58a-415"},"notice":"GroundRules: Original legal text. Not legal advice."}