Kansas § 58-5116 - Change in fiduciary's compensation; restrictions
Full text of Kansas Kansas Statutes Annotated § 58-5116 — Change in fiduciary's compensation; restrictions, with citation guidance and answers to common questions.
§ 58-5116. Change in fiduciary's compensation; restrictions
58-5116. Change in fiduciary's compensation; restrictions. (a) If a first-trust instrument specifies an authorized fiduciary's compensation, the fiduciary shall not exercise the decanting power to increase the fiduciary's compensation above the specified compensation unless:(1) All qualified beneficiaries of the second trust consent to the increase in a signed record; or(2) the increase is approved by the court.(b) If a first-trust instrument does not specify an authorized fiduciary's compensation, the fiduciary shall not exercise the decanting power to increase the fiduciary's compensation above the compensation permitted by the Kansas uniform trust code, K.S.A. 58a-101 et seq., and amendments thereto, unless:(1) All qualified beneficiaries of the second trust consent to the increase in a signed record; or(2) the increase is approved by the court.(c) A change in an authorized fiduciary's compensation that is incidental to other changes made by the exercise of the decanting power is not an increase in the fiduciary's compensation for purposes of subsections (a) and (b).History: L. 2023, ch. 48, § 16; July 1.
Source: official Kansas text · Last verified 2026-08-27
Frequently Asked Questions About Kansas § 58-5116
What does Kansas Statutes Annotated § 58-5116 cover?
Section 58-5116 ("Change in fiduciary's compensation; restrictions") is part of the Kansas Statutes Annotated, the codified statutory law of Kansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Kansas § 58-5116?
A common citation format is "Kansas Statutes Annotated § 58-5116" (Kansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Kansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Kansas official source linked on this page or consult a licensed Kansas attorney.
How does Kansas § 58-5116 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Kansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Kansas.