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§ 14.5-112. Rules applied in construing terms of an inter vivos trust

West's Annotated Code of MarylandEstates and TrustsEffective: January 1, 2015

West's Annotated Code of Maryland
Estates and Trusts (Refs & Annos)
Title 14.5. Maryland Trust Act (Refs & Annos)
Subtitle 1. In General (Refs & Annos)
Effective: January 1, 2015
MD Code, Estates and Trusts, § 14.5-112
§ 14.5-112. Rules applied in construing terms of an inter vivos trust
In general
(a) In the absence of express language to the contrary, the rules contained in §§ 1-202, 1-203, 1-204, 1-205, 1-206, 1-207, 1-208, 1-209, and 1-210.1 of this article shall be applied in construing the terms of an inter vivos trust.
Modification of terms to mean trust instrument, trust, or application of trust principles
(b) Whenever a provision in §§ 1-202, 1-203, 1-204, 1-205, 1-206, 1-207, 1-208, 1-209, and 1-210.1 of this article refers to a “will”, “estate”, or a similar term relevant primarily to wills and estates or a taker under a will or an estate, the term shall be modified to mean “trust instrument”, “trust”, or a similar term to reflect the application of the principles of those provisions to an inter vivos trust.

Credits

Added by Acts 2014, c. 585, § 1, eff. Jan. 1, 2015.
MD Code, Estates and Trusts, § 14.5-112, MD EST & TRST § 14.5-112
Current through legislation effective June 1, 2020, from the 2020 Regular Session of the General Assembly.
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