In re Trust Under Will of Wallace B. Flint for the Benefit of Katherine F. Shadek

OPINION

LASTER, Vice Chancellor.

The current income beneficiary of a testamentary trust petitioned for an order that would modify the trust’s terms by rewriting its administrative provisions, thereby converting the trust from the traditional, trustee-managed structure that the settlor contemplated into a directed trust where the trustee would serve only an administrative role. The petition also seeks an order providing that Delaware law will govern the administration of the trust unless the application of Delaware law “would or might” have adverse tax consequences, in which case New York law —…