Sec. 12. As used in this chapter, "decanting power" means the power of an authorized fiduciary under this chapter to:
(1) distribute property of a first trust to one (1) or more second trusts; or
(2) to modify the terms of the first trust.
Ind. Code § 30-4-10-12
"Decanting power"
As added by P.L.161-2022, SEC.3.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.