§ 14.5-811

Md. Code Ann., Est. & Trusts § 14.5-811

Enforcement or defense of claims

Effective Jan 1, 2015Added by Acts 2014, c. 585, § 1, eff. Jan. 1, 2015.State of Maryland

(a) A trustee shall take reasonable steps to enforce claims of the trust and to defend claims against the trust.
(b) A trustee may abandon a claim that is unreasonable to enforce or assign the claim to one or more of the beneficiaries of the trust holding the claim.

Added by Acts 2014, c. 585, § 1, eff. Jan. 1, 2015.