(a)
(1) After notice to the qualified beneficiaries, a trustee may combine two (2) or more trusts into a single trust or divide a trust into two (2) or more separate trusts, if the result does not impair rights of any beneficiary or adversely affect achievement of the purposes of the trust.
(2) A trustee may exercise the authority granted in this section without court approval.
(b) This section does not repeal the Trustee Division of Trusts Act, § 28-69-701 et seq.
Structure Arkansas Code
Title 28 - Wills, Estates, and Fiduciary Relationships
Subtitle 5 - Fiduciary Relationships
Chapter 73 - Arkansas Trust Code
Subchapter 4 - Creation, Validity, Modification, and Termination of Trust
§ 28-73-401. Methods of creating trust
§ 28-73-402. Requirements for creation
§ 28-73-403. Trusts created in other jurisdictions
§ 28-73-405. Charitable purposes — Enforcement
§ 28-73-406. Creation of trust induced by fraud, duress, or undue influence
§ 28-73-407. Evidence of oral trust
§ 28-73-408. Trust for care of animal
§ 28-73-409. Noncharitable trust without ascertainable beneficiary
§ 28-73-410. Modification or termination of trust — Proceedings for approval or disapproval
§ 28-73-411. Modification or termination of noncharitable irrevocable trust by consent
§ 28-73-414. Modification or termination of uneconomic trust
§ 28-73-415. Reformation to correct mistakes
§ 28-73-416. Modification to achieve settlor's tax objectives