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§ 3315 Trustee’s exercise of discretion; review by court; discretionary interests.

12 DE Code § 3315 (2019) (N/A)
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(a) Where discretion is conferred upon the fiduciary with respect to the exercise of a power, its exercise by the fiduciary shall be considered to be proper unless the court determines that the discretion has been abused within the meaning of § 187 of the Restatement (Second) of Trusts, not §§ 50 and 60 of the Restatement (Third) of Trusts.

(b) A beneficiary eligible to receive distributions from a trust in the trustee’s discretion has a discretionary interest in the trust. A creditor may not directly or indirectly compel the distribution of a discretionary interest except to the extent expressly granted by the terms of a governing instrument in accordance with § 3536(a) of this title.

76 Del. Laws, c. 254, § 7.

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§ 3315 Trustee’s exercise of discretion; review by court; discretionary interests.