Ark. Code § 28-69-705
Current with legislation from 2024 Fiscal and Special Sessions.
If a trustee divides a trust into separate trusts under this subchapter, the terms of the separate trusts need not be identical but must provide for the same succession of interests and beneficiaries as are provided in the original trust. Differing tax elections may be made for each of the separate trusts.
Ark. Code § 28-69-705