If the terms of a will or a writing creating a trust, including, but not limited to an inter vivos trust agreement, provide for the establishment of a trust all the assets of which, due to the circumstances existing at the time the trust is to be established, are required to be distributed to the trust's beneficiary or beneficiaries immediately, the executor, trustee, or other party having possession of the property with which such trust will be established, is authorized to make direct distribution to the beneficiary or beneficiaries of the trust, rather than to the trustee, without the necessity of a Court petition. The receipts of such beneficiaries shall protect the executor, trustee, or other party having possession of the property with which such trust would be established, to the same extent as the receipt of the trustee.
Structure Delaware Code
Title 12 - Decedents' Estates and Fiduciary Relations
Subchapter III. General Provisions
§ 3531. Renunciation by trustee named in trust instrument; filing and recording.
§ 3533. Sale of trust property free from trust; procedure.
§ 3535. Powers of appointment, rule against perpetuities and restraints on alienation.
§ 3536A. Release of beneficial interests by beneficiaries.
§ 3537. Conveyance of realty by infant trustee.
§ 3538. Testamentary trusts; certification of by Register of Wills to Register in Chancery; record.
§ 3539. Charitable trust; sale of timber on lands; application of proceeds.
§ 3540. Powers and duties of certain trustees.
§ 3541. Administration of charitable trusts or noncharitable purpose trusts; cy pres rule.
§ 3543. Distribution of estate or trust assets without creation of trust.
§ 3548. Limited purpose trust companies; general powers of appointment.
§ 3549. Marital deduction gift; compliance with Internal Revenue Code; fiduciary powers.