Cap. 16 Art. 958PTrust property subject to collation.

For the purposes of the calculation of the value of an estate for any purposes of this Code, including for the benefit of a claimant of a reserved portion and of an heir for the purposes of collation amongst co-heirs, any settlement of property under trust shall also be included in the estate:

Provided that the settlor of property in trust may exempt such settlement from collation in terms of article 914: Provided further that if the property settled in trust for the benefit of an heir is collated in the interest of the other co-heirs, such property as has been collated shall thereafter be held by the trustee under separate trust absolutely for the benefit of such heir.