{"data":{"id":"us-ky/krs-386.360","jurisdiction":"us-ky","citation":"KRS 386.360","heading":"Trust instruments -- How amended.","body":"(1) In order to assist charitable trust interests in maintaining various tax benefits\nextended to them, the governing instrument of a trust may be amended to permit the\ntrust to conform to the requirements of, or to obtain benefits available under,\napplicable provisions of the Internal Revenue Code. Such amendment may be made\nby the trustee with the approval of the Attorney General of this state, of the trustor\nand, if one (1) or more beneficiaries are named in the governing instrument of such\ntrust, of each na med beneficiary. If the trustor is not then living or is not then\ncompetent to give such approval, such amendment may be made by the trustee with\nthe approval of the Attorney General and, if one (1) or more beneficiaries are named\nin the governing instrume nt of such trust, of each named beneficiary. If one (1) or\nmore of said required approvals is not obtained, the trustee may apply to the court\nhaving jurisdiction over such trust for approval of such amendment. Said governing\ninstrument may also be amended in any respect and by any method set forth in such\ninstrument or as otherwise provided by law.\n(2) Nothing in this section shall impair the rights and powers of the courts or the\nAttorney General with respect to any trust.","path":["KRS Chapter 386"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=35885","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:16Z","sha256":"a585f720fae5a28d351c370cc53f2459494c9c169be1ac56282f954e9c664e20","source_id":"us-ky","stale":false,"prev":"us-ky/krs-386.355","next":"us-ky/krs-386.365"},"notice":"GroundRules: Original legal text. Not legal advice."}