Statute
Uniform Trust Code
65 published works
Wills, Trusts & Estates Prof Blog
Article: IRA Trusts Should Be Irrevocable
In IRA Trusts Should Be Irrevocable, Seymour Goldberg explains why IRA trusts should be irrevocable, especially in jurisdictions that have adopted versions of the Uniform Trust Code (UTC). IRA owners with…
Wills, Trusts & Estates Prof Blog
The Uniform Trust Code’s qualified-beneficiary concept confuses yet another court
In the matter of the Colecchia Family Trust, The litigation was focused on an irrevocable, income-only/use-only trust "under which the equitable property rights of remaindermen had vested ab initio." The…
Trust & Estates, Wills, and Tax Law Update
ESTATE PLANNING: Pet Trusts
By bpettitnlrg-com-d-bradley-pettit
D. Bradley Pettit, Senior Attorney, National Legal Research Group According to a treatise on revocable trusts, [t]he number of individuals who own animals is staggering. As many as 56.7…
Wills, Trusts & Estates Prof Blog
New website for JEB Uniform Trust and Estate Acts
The following information was provided by Prof. Thomas Gallanis (University of Iowa): The Joint Editorial Board for Uniform Trust and Estate Acts has a new URL for its webpage (https://uniformlaws.org/committees/jebutea).…
The Fiduciary Litigator
New Texas Bill Would Provide Release Relief To Trustees Who Deliver Adequate Accountings Without A Timely Objection By The Beneficiary
A recent bill has been submitted that would provide a trustee release relief for transactions described in an accounting where a beneficiary fails to timely object to the accounting and…
Wills, Trusts & Estates Prof Blog
Uniform Trust Code Analyzed in Fall 2019 Issue of the American College of Trust and Estate Counsel Law Journal
The entire Fall 2019 issue of the ACTEC Law Journal is devoted to reviewing the Uniform Trust Code with thirteen short articles now that twenty years have elapsed since its…
Wills, Trusts & Estates Prof Blog
Article on Section 112: The Problem Child of the Uniform Trust Code
Russ Willis recently published an Article entitled, Section 112: The Problem Child of the Uniform Trust Code, Wills, Trusts, & Estates Law eJournal (2019). Provided below is an abstract of…
Preservation | Family Wealth Protection and Planning
New Illinois Trust Code takes effect Jan. 1, 2020
On July 12, 2019, Illinois Gov. J.B. Pritzker signed House Bill HB1471, which enacts the Illinois Trust Code (ITC) and repeals many of Illinois’ current trust statutes. The ITC was…
Wills, Trusts & Estates Prof Blog
Connecticut Finally Updated its Trust Laws
Finally! The Connecticut legislature has passed House Bill 7104, containing the state's version of the 2000 Uniform Trust Code as well as the 2017 Uniform Directed Trust Act. The Uniform…
Wills, Trusts & Estates Prof Blog
Updated Statutory Supplement on Uniform Trust and Estate Statutes (Selected Statutes) 2017-2018 Edition
Thomas P. Gallanis has recently published his new statutory supplement entitled Uniform Trust and Estate Statutes (Selected Statutes) 2017-2018 Edition. This statutory supplement is ideal for use in basic and advanced…