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.
Structure Arkansas Code
Title 28 - Wills, Estates, and Fiduciary Relationships
Subtitle 5 - Fiduciary Relationships
Chapter 69 - Fiduciaries Generally
Subchapter 7 - Trustee Division of Trusts Act
§ 28-69-703. Authority to divide trusts
§ 28-69-704. Exercise of authority by trustee