Ala. Code § 19-3B-1303

Current through the 2024 Regular Session.
Section 19-3B-1303 - Trust estate not descendible upon death of trustee

Upon the death of a sole or surviving trustee of an express trust, the trust estate does not descend to his or her heirs or pass to his or her personal representatives.

Ala. Code § 19-3B-1303 (1975)

Code 1852, §1323; Code 1867, §1593; Code 1876, §2202; Code 1886, §1848; Code 1896, §1044; Code 1907, §3415; Code 1923, §6920; Code 1940, T. 47, §152; §35-4-258; Act 2006-216, p. 314, §2.