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.
Vt. Stat. Ann. tit. 14A, § 1427
Obligations
Known as the Uniform Trust Decanting Act
The act spans §§ 14A-1401 to 14A-1429 (29 sections).
Added 2023, No. 177 (Adj
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.