Kentucky Revised Statutes
Includes enactments through the 2025 Regular Session
Chapter titles, centered headings, section catchlines, and explanatory notes are for informational purposes only and do not constitute any part of the law. For general laws governing construction of statutes, see KRS Chapter 446. %--span>
The KRS database was last updated on 04/02/2026 %--span>
.1-010 Definitions for chapter.
.1-020 Knowledge.
.1-030 Default and mandatory rules.
.1-040 Common law of trusts -- Principles of equity.
.1-050 Governing law.
.1-060 Principal place of administration.
.1-070 Methods and waiver of notice.
.1-080 Others treated as qualified beneficiaries.
.1-090 Nonjudicial settlement agreements.
.1-100 Rules of construction.
.1-110 Doctrines of worthier title and reversions not in force as rules of law and as rules of construction.
.1-120 Insurable interest of trustee.
.2-010 Role of court in administration of trust.
.2-020 Jurisdiction over trustee and beneficiary.
.2-030 Subject-matter jurisdiction.
.2-040 Venue.
.2-050 Registration of trust.
.3-010 Representations -- Basic effect.
.3-020 Representation by holder of general testamentary power of appointment.
.3-030 Representation by fiduciaries and parents.
.3-040 Representation by person having substantially identical interest.
.3-050 Appointment of guardian ad litem.
.4-010 Methods of creating trust.
.4-020 Requirements for creation.
.4-030 Trusts created in other jurisdictions.
.4-040 Trust purposes.
.4-050 Charitable purposes -- Enforcement.
.4-060 Creation of trust induced by fraud, duress, or undue influence.
.4-070 Evidence of oral trust.
.4-080 Trust for care of animal.
.4-090 Noncharitable trust without ascertainable beneficiary.
.4-100 Modification or termination of trust -- Proceedings for approval or disapproval.
.4-110 Modification or termination of noncharitable irrevocable trust by consent.
.4-120 Modification or termination because of unanticipated circumstances or inability to administer trust effectively.
.4-130 Cy pres.
.4-140 Modification or termination of uneconomic trust.
.4-150 Reformation to correct mistakes.
.4-160 Modification to achieve settlor's tax objectives.
.4-170 Combination and division of trusts.
.5-010 Rights of beneficiary's creditor or assignee.
.5-020 Spendthrift trusts.
.5-030 Discretionary trusts -- Effect of standard.
.5-040 Creditor's claim against settlor.
.5-050 Overdue distribution.
.5-060 Personal obligations of trustee.
.6-010 Capacity of settlor of revocable trust.
.6-020 Revocation or amendment of revocable trust.
.6-030 Settlor's powers -- Powers of withdrawal.
.6-040 Limitation on action contesting validity of revocable trust -- Distribution of trust property.
.7-010 Accepting or declining trusteeship.
.7-020 Trustee's bond.
.7-030 Cotrustees.
.7-040 Vacancy in trusteeship -- Appointment of successor.
.7-050 Resignation of trustee.
.7-060 Removal of trustee.
.7-070 Delivery of property by former trustee.
.7-080 Compensation of trustee.
.7-090 Reimbursement of expenses.
.7-100 Exclusive jurisdiction of District Court.
.8-010 Duty to administer trust.
.8-020 Duty of loyalty.
.8-030 Impartiality.
.8-040 Prudent administration.
.8-050 Costs of administration.
.8-060 Trustee's skills.
.8-070 Delegation by trustee.
.8-080 Powers to direct.
.8-090 Control and protection of trust property.
.8-100 Recordkeeping and identification of trust property.
.8-110 Enforcement and defense of claims.
.8-120 Collecting trust property.
.8-130 Duty to inform and report.
.8-140 Discretionary powers -- Tax savings.
.8-150 General powers of trustee.
.8-160 Specific powers of trustee.
.8-170 Distribution upon termination.
.8-180 Duties of trustee upon termination or upon removal of trustee -- Objection.
.9-010 Trustee to act as prudent investor.
.10-010 Remedies for breach of trust.
.10-020 Damages for breach of trust.
.10-030 Damages in absence of breach.
.10-040 Attorney's fees and costs.
.10-050 Limitation of action against trustee.
.10-060 Reliance on trust instrument.
.10-070 Event affecting administration or distribution.
.10-080 Exculpation of trustee.
.10-090 Beneficiary's consent, release, or ratification.
.10-100 Limitation on personal liability of trustee.
.10-110 Protection of person dealing with trustee.
.10-120 Certification of trust.
.11-010 Uniformity of application and construction.
.11-020 Electronic records and signatures.
.11-030 Severability clause.
.11-040 Application to existing relationships.
.11-050 Short title.