Coverage note: this corpus holds the
consolidated Pa.C.S. titles only. Unconsolidated P.S. statutes (UTPCPL 73 P.S. § 201-1, Liquor Code, wage payment laws) are not included; a miss here does not mean the statute does not exist. Check
palegis.us.
§ 7740. Termination of trusts; proceedings for termination or modification of trusts - UTC
410.
(a) Termination.--A trust terminates to the extent it is revoked or expires pursuant to its terms, no
purpose of the trust remains to be achieved or the purposes of the trust have become
unlawful or contrary to public policy. In addition, a trust may be terminated by the
methods prescribed by sections 7740.1 (relating to modification or termination of
noncharitable irrevocable trust by consent - UTC 411) through 7740.4 (relating to
modification or termination of noncharitable trust - UTC 414).
(b) Proceedings for termination or modification.--The settlor, the trustee or a beneficiary may commence a proceeding to approve or
disapprove a proposed modification or termination under sections 7740.1 through 7740.6
(relating to modification to achieve settlor's tax objectives - UTC 416), the division
of a trust under section 7740.7 (relating to division of trusts) or the combination
of trusts under section 7740.8 (relating to combination of trusts). The settlor of
a charitable trust may commence a proceeding to modify the trust under section 7740.3
(relating to charitable trusts - UTC 413).
Cross References. Section 7740 is referred to in section 7705 of this title.
Notes of Decisions
Est. of Robert H. Agnew v. Ross, D., 152 A.3d 247 (Pa. 2017).
“See 20 Pa.C.S. § 7740,5 (claimants attempting to reform unexecuted *45 trust document must present clear and convincing evidence "the set-tlor’s intent as expressed in the trust instrument was affected by a mistake of fact or law, whether in expression or inducement”).”
Brooks, D. v. Brooks, G., 231 A.3d 1 (Pa. Super. Ct. 2020).
“at 28, 35-36 (citing 20 Pa.C.S. §§ 7740, 7740.1). Given this misfeasance by Husband, Wife concludes, the court should have ordered Husband to repay the funds into M.”
In Re:The Anna Mae Litwin Irrevocable Trust (Pa. Super. Ct. 2020).
“” 20 Pa.C.S. § 7740 (emphasis added). The record reflects that following the death of Settlor, the purpose of the Trust was for the property to be utilized for the benefit of Appellant, Jean Ditillo, and Sandra Jo Taylor.”
In Re: Trust B of Wells Apl of: V.M.I. Found. (Pa. 2024).
“§ 7736 (providing that a trust is voidable “to the extent its creation was induced by fraud, duress or undue influence”); 20 Pa.C.S. § 7740(a) (providing that, if the trust instrument itself directs that it is to continue for a finite period of time, then the expiration of that…”
In Re: Trust B of Wells; Apl of: V.M.I. Found. (Pa. 2024).
“§ 7736 (providing that a trust is voidable “to the extent its creation was induced by fraud, duress or undue influence”); 20 Pa.C.S. § 7740(a) (providing that, if the trust instrument itself directs that it is to continue for a finite period of time, then the expiration of that…”
Joan Glisson Trust v. Delaware Valley Saving Bank (Pa. Super. Ct. 2014).
“… 20 Pa.C.S. § 7740(a). In reliance on the above quoted statute, Alliance Bank contends “[t]he Plaintiff Trust ceased to have a purpose when all of its assets were transferred to a new trust.”
— 20 Pa. Cons. Stat. § 7740(a) — 3 cases
In Re: Trust B of Wells Apl of: V.M.I. Found. (Pa. 2024).
“§ 7736 (providing that a trust is voidable “to the extent its creation was induced by fraud, duress or undue influence”); 20 Pa.C.S. § 7740(a) (providing that, if the trust instrument itself directs that it is to continue for a finite period of time, then the expiration of that…”
In Re: Trust B of Wells; Apl of: V.M.I. Found. (Pa. 2024).
“§ 7736 (providing that a trust is voidable “to the extent its creation was induced by fraud, duress or undue influence”); 20 Pa.C.S. § 7740(a) (providing that, if the trust instrument itself directs that it is to continue for a finite period of time, then the expiration of that…”
Joan Glisson Trust v. Delaware Valley Saving Bank (Pa. Super. Ct. 2014).
“… 20 Pa.C.S. § 7740(a). In reliance on the above quoted statute, Alliance Bank contends “[t]he Plaintiff Trust ceased to have a purpose when all of its assets were transferred to a new trust.”
— 20 Pa. Cons. Stat. § 7740(b) — 1 case
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Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.