California Probate Code

§ 19520

PROB § 19520 Effective Jan 1, 2019Div. 9 · Part 9

Statute text

(a)Subject to subdivision (b), a second trust may have a duration that is the same as, or different from, the duration of the first trust.

(b)To the extent that property of a second trust is attributable to property of the first trust, the property of the second trust is subject to any rules governing maximum perpetuity, accumulation, or suspension of the power of alienation that apply to property of the first trust.

Legislative history

Added by Stats. 2018, Ch. 407, Sec. 1. (SB 909) Effective January 1, 2019.