Need to Distribute Not Required

Ala. Code § 19-3D-21 — under Title 19.

Ala. Code § 19-3D-21

An authorized fiduciary may exercise the decanting power whether or not under the first trust’s discretionary distribution standard the fiduciary would have made or

could have been compelled to make a discretionary distribution of principal at the time of the exercise.

History: (Act 2018-519, §21.)