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Pennsylvania Consolidated Statutes

20 Pa. Cons. Stat. § 7780.4 (2026)

 Discretionary powers.

✓ current as of May 2026
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§ 7780.4.  Discretionary powers.

The trustee shall exercise a discretionary power in good faith and in accordance with the terms and purposes of the trust and the interests of the beneficiaries, notwithstanding the breadth of discretion granted to a trustee by the terms of the trust, including the use of such terms as "absolute," "sole" or "uncontrolled."

(July 15, 2024, P.L.786, No.64, eff. 90 days)

 

2024 Amendment.  See section 11 of Act 64 in the appendix to this title for special provisions relating to Uniform Trust Code.

Notes of Decisions
Cited in 1 case, 2020–2020 · leading case: PA Env't Def. Found. v. Com. of PA (Pa. Commw. Ct. 2020).
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PA Env't Def. Found. v. Com. of PA (Pa. Commw. Ct. 2020). “4 of the Uniform Trust Act, 20 Pa. C.S. §7780.4 (“The trustee shall exercise a discretionary power in good faith and in accordance with the provisions and purposes of the trust and the interests of the beneficiaries .”
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