Animal trust

(1) As used in this section: (a) "Animal trust" means a trust or an interest in a trust created to provide for the care of one (1) or more animals; and (b) "Protector" means a person appointed in an animal trust to enforce the trust on behalf of the animal or, if no such person is appointed in the trust, a person appointed by the court for that purpose. (2) The decanting power may be exercised over an animal trust that has a protector to the extent the trust could be decanted under KRS 386B.13-010 to 386B.13-280 if each animal that benefits from the trust were an individual, if the protector consents in a signed record to the exercise of the power. (3) A protector for an animal has the rights under KRS 386B.13-010 to 386B.13-280 of a qualified beneficiary. (4) Notwithstanding any other provision of KRS 386B.13-010 to 386B.13-280, if a first trust is an animal trust, in an exercise of the decanting power, the second trust shall provide that trust property may be applied only to its intended purpose for the period the first trust benefitted the animal.