A debt, liability, or other obligation enforceable against property of a first trust is enforceable to the same extent against the property when held by the second trust after exercise of the decanting power.
Cal. Prob. Code § 19527
Uniform Trust Decanting Act
Known as the Uniform Trust Decanting Act
The act spans §§ 19501–19530 (28 sections).
Added by Stats. 2018, Ch. 407, Sec. 1
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.