{"data":{"id":"us-mt/72-38-414","jurisdiction":"us-mt","citation":"72-38-414","heading":"Modification or termination of uneconomic trust.","body":"(1) After notice to the qualified beneficiaries, the trustee of a trust consisting of trust property having a total value less than $100,000 may terminate the trust if the trustee concludes that the value of the trust property is insufficient to justify the cost of administration.\n(2) 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(3) 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.","path":["TITLE 72. ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS","CHAPTER 38. MONTANA UNIFORM TRUST CODE","Part 4. Creation, Validity, Modification, and Termination of Trust"],"source_url":"https://mca.legmt.gov/bills/mca/title_0720/chapter_0380/part_0040/section_0140/0720-0380-0040-0140.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:59:33Z","sha256":"d9716de4e930f3a43872a25337e28e4f6ec827f02516009a95ca459a4a2362be","source_id":"us-mt","stale":false,"prev":"us-mt/72-38-413","next":"us-mt/72-38-415"},"notice":"GroundRules: Original legal text. Not legal advice."}