Section 15-502.1 – Conversion of Trust Into Unitrust
(a) A trustee may convert a trust into a unitrust as described in this section if: (1) The trustee receives a written request from a beneficiary to exercise the power conferred by this subsection to convert to a unitrust; (2) The trustee invests and manages the trust assets in the manner set forth in § 15–114(b) and (c) […]
Section 15-502.2 – Adjustment Between Principal and Income
(a) A trustee may adjust between principal and income to the extent the trustee considers necessary if: (1) The trustee receives a written request from a beneficiary to exercise the power conferred by this subsection to make an adjustment; (2) The trustee invests and manages the trust assets in the manner set forth in § 15-114(b) and (c) […]