Subchapter A. Appointment Of Trustees.
Subchapter B. Bond Of Trustees.
Subchapter C. Removal And Discharge.
Subchapter D. Powers, Duties And Liabilities.
Subchapter E. Sales, Pledges, Mortgages, Leases, Options And Exchanges.
Subchapter F. Accounts, Audits, Reviews And Distributions.
Subchapter G. Separation And Combination Of Trusts
§ 7191. Separate trusts.
§ 7192. Combination of trusts.
The court, for cause shown, may authorize the division of a trust into two or more separate trusts upon such terms and conditions and with such notice as the court shall direct.
The court, for cause shown, may authorize the combination of separate trusts with substantially similar provisions upon such terms and conditions and with such notice as the court shall direct notwithstanding that the trusts may have been created by separate instruments and by different persons. If necessary to protect possibly different future interests, the assets shall be valued at the time of any such combination and a record made of the proportionate interest of each separate trust in the combined fund.
The complete Pennsylvania Statutes are not yet available on the web. However, selected portions have been made available and can be accessed by CLICKING HERE. These statutes, though available instantaneously over the web, may not be the current law. Court decisions overturning them, later statutes amending them, and a host of other factors come into play when interpreting them. They are provided here as a resource. They should provide some information about the state of the law. However, a competent lawyer, who from other sources will research the law to insure what is current, should always be employed in matters of importance.