Trusts: Notice of proposed action by trustee.

Existing law provides for the creation, modification, and termination of trusts, and regulates the acts of trustees in administering a trust. Existing law establishes provisions by which a trustee may give a notice of proposed action regarding certain matters, while prohibiting the use of these notices for other specified actions, including preliminary and final distributions and discharge. This bill would instead authorize a trustee to provide a notice of proposed action for preliminary and final distributions. The bill would make other technical, nonsubstantive changes in that regard.