Okla. Stat. tit. 60, § 60-175.86

Distribution interest - Mandatory, support, and

Last amended: 2010Year: 2026Length: 94 wordsOfficial source
discretionary interests. A. A distribution interest in a trust shall be classified as a mandatory interest, a support interest or a discretionary interest. B. A beneficiary may concurrently hold a mandatory interest, support interest or discretionary interest. To the extent a trust contains a combination of a discretionary interest, a support interest or a mandatory interest, the trust shall be a mandatory interest only to the extent of the mandatory language and a support interest only to the extent of the support language. The remaining trust property shall be held as a discretionary interest.
Okla. Stat. tit. 60, § 60-175.86: Distribution interest - Mandatory, support, and | Justis AI