Role of court in administration of trust
Known as the Uniform Trust Code
The act spans §§ 386B.10-010 to 386B.9-010 (95 sections).
Applied in 1 court decision — leading case Davis v. Davis (2018)
Most recently applied in Davis v. Davis (November 2018)
Effective: July 15, 2014 History: Created 2014 Ky
(1) The court may intervene in the administration of a trust to the extent its jurisdiction is invoked by an interested person or as provided by law.
(2) A trust is not subject to continuing judicial supervision unless ordered by the court.
(3) A judicial proceeding involving a trust may relate to any matter involving the trust's administration, including a request for instructions, an action to declare rights, and an action to settle the trustee's accounts.
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.