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Section 55-1-39 - Bifurcation of trust — South Dakota Law | CourtGPT
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South Dakota Legal Code

Section 55-1-39 - Bifurcation of trust

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55-1-39. Bifurcation of trust.To the extent a trust contains any combination of a mandatory provision, a support provision, the trust shall be bifurcated as follows:(1)The trust shall be a mandatory interest only to the extent of the mandatory language;(2)The trust shall be a support interest only to the extent of such support language;(3)The remaining trust property shall be held as a discretionary interest;(4)A support interest that includes mandatory language such as 'shall' but is subsequently qualified by discretionary language, shall be classified as a discretionary interest and not as a support interest. Source: SL 2007, ch 280, §16.