Statutes > Arkansas Statutes > Title 28 - Wills, Estates, and Fiduciary Relationships > Subtitle 5 - Fiduciary Relationships > Chapter 69 - Fiduciaries Generally > Subchapter 7 - Trustee Division of Trusts Act > § 28-69-705 - Effect of exercise of authority.

§ 28-69-705 - Effect of exercise of authority.

28-69-705. Effect of exercise of authority.

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.