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词条 Uniform Trust Code
释义

  1. Background

  2. Contents

  3. See also

  4. Notes

  5. External links

The Uniform Trust Code is a model law in the United States, which although not binding, is influential in the states, and used by many as a model law. As of March 18, 2016, 31 States (the States that have enacted a version of the Uniform Trust Code are Alabama, Arizona, Arkansas, Florida, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Jersey, New Hampshire, New Mexico, North Carolina, North Dakota, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Utah, Vermont, Virginia, West Virginia, Wisconsin, and Wyoming).

Background

The goal of the uniform law is to standardize the law of trusts to a greater extent, given their increased use as a substitute for the "last will and testament" as the primary estate planning mechanism.

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Contents

The Uniform Trust Code consists in eleven articles, of which eight substantive articles:[1]

  • Article 2 – Judicial Proceedings
  • Article 3 – Representation
  • Article 4 – Creation, Validity, Modification and Termination of a Trust
  • Article 5 – Creditor's Claim, Spendthrift and Discretionary Trusts
  • Article 6 – Revocable Trusts
  • Article 7 – Office of Trustee
  • Article 8 – Duties and Powers of the Trustee
  • Article 10 – Liability of Trustees and Rights of Persons Dealing with the Trustee
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See also

  • US trusts law
  • English trusts law
  • Uniform Probate Code
  • Uniform Power of Attorney Act

Notes

1. ^Trust Code Summary, Uniform Law Commission

External links

  • Trust Code, Uniform Law Commission - detailed information including an enactment status map
  • Text of the Uniform Trust Code 2005
  • The Uniform Trust Code (2005) - overview of the act by law professor David English up through 2005
  • https://www.mattersoftrustlaw.com/2016/03/uniform-trust-code-will-impact-blog/

3 : United States trusts law|Wills and trusts|Uniform Acts
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