§ 14.5-112. Rules applied in construing terms of an inter vivos trust
West's Annotated Code of MarylandEstates and TrustsEffective: January 1, 2015
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
(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.
(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 through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document |