Code of Alabama |
Match Context and Document information |
URL: | http://alisondb.legislature.state.al.us/alison/CodeOfAlabama /1975/19-3B-201.htm |
---|---|
Depth: | 0 singles |
Size: | 2,742 bytes |
Modified: | 2008-03-19 15:20:46 |
Categories: | -None- |
Title: | 19-3B-201 |
Description: | -None- |
Keywords: | -None- |
Meta data: | -None- |
Body: | Section 19-3B-201 Role of court in administration of trust. (a) 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. (b) A trust is not subject to continuing judicial supervision unless ordered by the court. (c) A judicial proceeding involving a trust may relate to any matter involving the trust's administration, including a request for instructions and an action to declare rights. (d) A judicial proceeding involving a trust may relate to any matter involving the trust's administration, including, but not being limited to a proceeding to: (1) request instructions; (2) determine the existence or nonexistence of any immunity, power, privilege, duty or right; (3) approve a nonjudicial settlement; (4) interpret or construe the terms of the trust; (5) determine the validity of a trust or of any of its terms; (6) approve a trustee's report or accounting or compel a trustee to report or account; (7) direct a trustee to refrain from performing a particular act or grant to a trustee any necessary or desirable power; (8) review the actions or approve the proposed actions of a trustee, including the exercise of a discretionary power; (9) accept the resignation of a trustee; (10) appoint or remove a trustee; (11) determine a trustee's compensation; (12) transfer a trust's principal place of administration or a trust's property to another jurisdiction; (13) determine the liability of a trustee for an action relating to the trust and compel redress of a breach of trust by any available remedy; (14) modify or terminate a trust; (15) combine trusts or divide a trust; (16) determine liability of a trust for debts of a beneficiary and living settlor; (17) determine liability of a trust for debts, expenses of administration, and statutory allowances chargeable against the estate of a deceased settlor; (18) determine the liability of a trust for claims, expenses and taxes in connection with the settlement of a trust that was revocable at the settlor's death; and (19) ascertain beneficiaries and determine to whom property will pass upon final or partial termination of a trust. (Act 2006-216, p. 314, ยง1.) |