La. Stat. tit. 9 § 1978

Current with changes from the 2024 Legislative Session

Section 9:1978 - Shifting interest in principal if beneficiary is descendant of settlor

The trust instrument may provide that the substitute beneficiaries under R.S. 9:1973 are one or more of settlor's descendants who are in being and ascertainable on the date of death of the principal beneficiary.

La. R.S. § 9:1978

Added by Acts 1982, No. 455, §1; Acts 1997, No. 254, §1.

Added by Acts 1982, No. 455, §1; Acts 1997, No. 254, §1.