An authorized fiduciary may exercise the decanting power whether or not under the first trust's discretionary distribution standard the fiduciary would have made, or could have been compelled to make, a discretionary distribution of principal at the time of the exercise.
Conn. Gen. Stat. § 45a-545u
Need to distribute not required
(P.A. 24-104, S. 21.) History: P.A. 24-104 effective January 1, 2025.
Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.