AN ACT TO AMEND TITLES 12 AND 25 OF THE DELAWARE CODE RELATING TO DECEDENTS’ ESTATES AND PROPERTY.

Summary

The bill amends several sections of Delaware’s trust law to specify how multiple fiduciaries must act, limit liability for dissenting fiduciaries, give trustees broader authority to merge trusts, define who counts as an officeholder, and establish a timeline and process for filling trustee vacancies. It impacts trustees, co‑fiduciaries, advisers, designated representatives, and beneficiaries, aiming to reduce disputes and ensure smooth administration of trusts and estates.

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