§ 19501 This part may be cited as the Uniform Trust Decanting Act.
§ 19502 For purposes of this part:(a) “Appointive property” means the …
§ 19503 (a) Except as otherwise provided in subdivisions (b) and (c), …
§ 19504 (a) In exercising the decanting power, an authorized fiduciary …
§ 19505 This part applies to a trust created before, on, or after January 1, …
§ 19507 (a) In this section, a notice period begins on the day notice is …
§ 19508 (a) Notice to a person with authority to represent and bind …
§ 19509 (a) On application of an authorized fiduciary, a person entitled …
§ 19510 An exercise of the decanting power shall be made in a writing signed …
§ 19511 (a) For purposes of this section:(1) “Noncontingent right” …
§ 19512 (a) For purposes of this section, “limited distributive …
§ 19513 (a) For purposes of this section:(1) “Beneficiary with a …
§ 19514 (a) For purposes of this section:(1) “Determinable …
§ 19515 (a) An authorized fiduciary may not exercise the decanting power …
§ 19516 (a) If a first trust instrument specifies an authorized …
§ 19517 (a) Except as otherwise provided in this section, a second trust …
§ 19518 An authorized fiduciary may not exercise the decanting power to …
§ 19519 (a) For purposes of this section:(1) “Grantor trust” means …
§ 19520 (a) Subject to subdivision (b), a second trust may have a …
§ 19521 An authorized fiduciary may exercise the decanting power whether or …
§ 19522 (a) If exercise of the decanting power would be effective under …
§ 19523 (a) For purposes of this section:(1) “Animal trust” means a …
§ 19524 A reference in this code to a trust instrument or terms of the trust …
§ 19525 (a) For purposes of the law of this state other than this part …
§ 19526 (a) Except as otherwise provided in subdivision (c), if exercise …
§ 19527 A debt, liability, or other obligation enforceable against property …
§ 19529 This part does not limit a trustee’s ability to petition for …
§ 19530 The provisions of this part are severable. If any provision of this …

Terms Used In California Codes > Probate Code > Division 9 > Part 9 - Uniform Trust Decanting Act

  • Adjournment sine die: The end of a legislative session "without day." These adjournments are used to indicate the final adjournment of an annual or the two-year session of legislature.
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
  • Beneficiary: means a person to whom a donative transfer of property is made or that person's successor in interest, and:

    California Probate Code 24

  • Concurrent resolution: A legislative measure, designated "S. Con. Res." and numbered consecutively upon introduction, generally employed to address the sentiments of both chambers, to deal with issues or matters affecting both houses, such as a concurrent budget resolution, or to create a temporary joint committee. Concurrent resolutions are not submitted to the President/Governor and thus do not have the force of law.
  • County: includes city and county. See California Government Code 19
  • Dismissal: The dropping of a case by the judge without further consideration or hearing. Source:
  • Donor: The person who makes a gift.
  • Fiduciary: A trustee, executor, or administrator.
  • Fiduciary: means personal representative, trustee, guardian, conservator, attorney-in-fact under a power of attorney, custodian under the California Uniform Transfer To Minors Act (Part 9 (commencing with Section 3900) of Division 4), or other legal representative subject to this code. See California Probate Code 39
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Grantor: The person who establishes a trust and places property into it.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Instrument: means a will, a document establishing or modifying a trust, a deed, or any other writing that designates a beneficiary or makes a donative transfer of property. See California Probate Code 45
  • Joint committee: Committees including membership from both houses of teh legislature. Joint committees are usually established with narrow jurisdictions and normally lack authority to report legislation.
  • Judgement: The official decision of a court finally determining the respective rights and claims of the parties to a suit.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Marital deduction: The deduction(s) that can be taken in the determination of gift and estate tax liabilities because of the existence of a marriage or marital relationship.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: means an individual, corporation, government or governmental subdivision or agency, business trust, estate, trust, partnership, limited liability company, association, or other entity. See California Probate Code 56
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • Process: includes a writ or summons issued in the course of judicial proceedings of either a civil or criminal nature. See California Government Code 22
  • Property: means anything that may be the subject of ownership and includes both real and personal property and any interest therein. See California Probate Code 62
  • Recess: A temporary interruption of the legislative business.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • State: means the State of California, unless applied to the different parts of the United States. See California Government Code 18
  • State: includes any state of the United States, the District of Columbia, the Commonwealth of Puerto Rico, and any territory or possession subject to the legislative authority of the United States. See California Probate Code 74
  • state agency: includes every state office, officer, department, division, bureau, board, and commission. See California Government Code 11000
  • Subdivision: means a subdivision of the section in which the term occurs unless some other section is expressly mentioned. See California Government Code 10
  • Testator: A male person who leaves a will at death.
  • Trust: includes the following:

    California Probate Code 82

  • Trustee: A person or institution holding and administering property in trust.
  • Trustee: includes an original, additional, or successor trustee, whether or not appointed or confirmed by a court. See California Probate Code 84
  • Will: includes codicil and any testamentary instrument which merely appoints an executor or revokes or revises another will. See California Probate Code 88