386B.4 -080 Trust for care of animal. (1) A trust may be created to provide for the care of an animal alive during the settlor's lifetime. The trust terminates on the death of the animal or, if the trust was created to provide for the care of more than one (1) animal alive during the settlor's lif etime, on the death of the last surviving animal. (2) A trust authorized by this section may be enforced by a person appointed in the terms of the trust or, if no person is so appointed, by a person appointed by the court. A person having an interest in th e welfare of the animal may request the court to appoint a person to enforce the trust or to remove a person appointed. (3) Property of a trust authorized by this section may be applied only to its intended use, except to the extent the court determines th at the value of the trust property exceeds the amount required for the intended use. Except as otherwise provided in the terms of the trust, property not required for the intended use shall be distributed to the settlor, if then living, otherwise to the se ttlor's successors in interest. Effective: July 15, 2014 History: Created 2014 Ky. Acts ch. 25, sec. 30, effective July 15, 2014.
Kentucky Legal Code