§15403

2 cases·2 cited

Statute Text — 26 U.S.C. §15403

Statute text not available for this section.

2 Citing Cases

Estate of Sally J. Anenberg, Donor, Deceased, Steven B. Anenberg, Executor and Special Administrator, Petitioner(s) 162 T.C. No. 9 · 2024

In October 2011, Steven, in his capacity as trustee of the Marital Trusts, petitioned the Superior Court of California for the Central District of the County of Los Angeles (Superior Court) to terminate the Marital Trusts pursuant to California Probate Code § 15403 (West 2011), which provides for the termination of irrevocable trusts by consent of all beneficiaries upon the filing of a petition to a court.6 The petition also sought “outright” distribution of the assets of the Trusts to Sally.

Estate of Bert B. Rapp, Deceased; Richard L. Rapp, Executor, Petitioners T.C. Memo. 1996-10 · 1996

Rapp's petition relies upon section 15403 of the California Probate Code, which permits modification or termination of a trust upon consent of all beneficiaries, and section 15409(a) of the California Probate Code (West 1991), which permits modification or termination of a trust to account for changed circumstances.