California Probate Code ARTICLE 2 - General Provisions and Fiduciary Duties

  • Section 16335.
    (a) In allocating receipts and disbursements to or between principal and income, and with respect to any other matter within the scope of this chapter, a...
  • Section 16336.
    (a) Subject to subdivision (b), a trustee may make an adjustment between principal and income to the extent the trustee considers necessary if all of the...
  • Section 16336.4.
    (a) Unless expressly prohibited by the governing instrument, a trustee may convert a trust into a unitrust, as described in this section. A trust that limits...
  • Section 16336.5.
    (a) The trustee may convert a trust into a unitrust upon terms other than those set forth in subdivision (e) of Section 16336.4, without court order,...
  • Section 16336.6.
    Unless expressly prohibited by the governing instrument, a trustee may reconvert the trust from a unitrust or change the payout percentage of a unitrust.(a) The trustee...
  • Section 16336.7.
    (a) Sections 16336.4 to 16336.6, inclusive, shall not impose any duty on the trustee to convert or reconvert a trust or to consider a conversion or...
  • Section 16337.
    A trustee may give a notice of proposed action regarding a matter governed by this chapter as provided in Chapter 5 (commencing with Section 16500)....
  • Section 16338.
    In a proceeding with respect to a trustee’s exercise or nonexercise of the power to make an adjustment under Section 16336, the sole remedy is...
  • Section 16339.
    This chapter applies to every trust or decedent’s estate existing on or after January 1, 2000, except as otherwise expressly provided in the trust or...

Last modified: October 22, 2018