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The Uniform Trust Code is a model law in the United States created by the Uniform Law Commission, which, although not binding, is influential in the states and used by many as a model law. As of October 2022, 36 states and jurisdictions have enacted a version of the Uniform Trust Code (Alabama, Arizona, Arkansas, Colorado, Connecticut, District of Columbia, Florida, Hawaii, Illinois, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Utah, Vermont, Virginia, West Virginia, Wisconsin, and Wyoming). As of October 2022, legislation has been proposed in New York to adopt the UTC.




Background


The increased use of trusts in estate planning during the latter half of the 20th century highlighted inconsistencies in how trust law was governed across the United States. In 1993, recognizing the need for a more uniform approach, the Uniform Law Commission (ULC) appointed a study committee chaired by Justice Maurice A. Hartnett III of the Delaware Supreme Court. This committee's task was to assess the necessity and feasibility of developing a comprehensive and standardized model uniform trust code. Following the committee's recommendation in 1994, the ULC established a drafting committee, again led by Justice Hartnett. This committee aimed for broad representation and included legal experts from various organizations, such as the American Bar Association (ABA) and its Section of Real Property, Probate and Trust Law, the American College of Trust and Estate Counsel (ACTEC), the American Bankers Association, and state bar associations from California and Colorado.
The UTC's development did not occur in isolation. It drew upon existing legal resources, such as the Restatement of Trusts and the Restatement of Property. Additionally, the UTC incorporated provisions from smaller, more specific uniform acts related to trusts while also superseding some outdated ones (including Article VII of the Uniform Probate Code, the Uniform Prudent Investor Act of 1994, the Uniform Trustee and Powers Act of 1964, and the Uniform Trusts Act of 1937).
The drafting committee undertook a deliberate process from 1994 to 2000. To ensure comprehensive input, they consulted with advisors and legal groups like the Joint Editorial Board for Uniform Trusts and Estates Acts and ACTEC's Committee on State Laws. The final text of the Uniform Trust Code (UTC) was approved by the ULC commissioners in August 2000. The American Bar Association's House of Delegates officially endorsed the UTC in February 2001. The following months saw the finalization of detailed interpretive comments in April 2001 and minor clean-up revisions in August 2001. In 2002, Kansas became the first state to enact a version of the code.




Contents


The Uniform Trust Code consists of eleven articles:

General Provisions and Definitions
Judicial Proceedings
Representation
Creation, Validity, Modification and Termination of a Trust
Creditor's Claim, Spendthrift and Discretionary Trusts
Revocable Trusts
Office of Trustee
Duties and Powers of the Trustee
Uniform Prudent Investor Act
Liability of Trustees and Rights of Persons Dealing with the Trustee
Miscellaneous Provisions




See also


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




Notes






External links


Trust Code, Uniform Law Commission - detailed information including an enactment status map
Law Commission
Text of the Uniform Trust Code 2005

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Uniform Trust Code Utc | PDF | Trust Law | Trustee

Uniform Trust Code | PDF | Trust Law | Trustee

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Daftar Isi

• Trust Code - Uniform Law Commission
• Uniform Trust Code - Wikipedia
• (Last Revised or Amended in 2010)
• UNIFORM TRUST CODE - satcomm911.com
• The Uniform Trust Code – What Is It and How It Will Impact this …
• Code of Virginia Code - Chapter 7. Uniform Trust Code
• THE UNIFORM TRUST CODE - satcomm911.com
• Uniform Trust Code (Report with Commentary) | Fields and …
• HRS - capitol.hawaii.gov
• The Uniform Trust Code Turns 25 - actecfoundation.org

Trust Code - Uniform Law Commission

Aug 14, 2024 · Uniform Law Commission The Uniform Law Commission (ULC, also known as the National Conference of Commissioners on Uniform State Laws), established in 1892, provides states with non-partisan, well-conceived and well-drafted legislation that brings clarity and stability to critical areas of state statutory law.

Uniform Trust Code - Wikipedia

The Uniform Trust Code is a model law in the United States created by the Uniform Law Commission, which, although not binding, is influential in the states and used by many as a model law.

(Last Revised or Amended in 2010)

The Uniform Trust Code (2000) is the first national codification of the law of trusts. The primary stimulus to the Commissioners’ drafting of the Uniform Trust Code is the greater use of

UNIFORM TRUST CODE - satcomm911.com

UNIFORM TRUST CODE ARTICLE 1 GENERAL PROVISIONS AND DEFINITIONS SECTION 101. SHORT TITLE. This [Act] may be cited as the Uniform Trust Code. SECTION 102. SCOPE. This [Code] applies to express trusts, charitable or noncharitable, and trusts created pursuant to a statute, judgment, or decree that requires

The Uniform Trust Code – What Is It and How It Will Impact this …

The goal of the Uniform Trust Code is to provide “precise, comprehensive, and easily accessible guidance on trust law questions. On issues on which States diverge or on which the law is unclear or unknown, the Code will for the first time provide a uniform rule.”

Code of Virginia Code - Chapter 7. Uniform Trust Code

Amendment of trust where gift, grant, or will establishes private foundation or constitutes a charitable trust or a split-interest trust

THE UNIFORM TRUST CODE - satcomm911.com

The Uniform Trust Code (2000) is the first effort by the Uniform Law Commissioners to provide the states with a comprehensive model for codifying the law of trusts.

Uniform Trust Code (Report with Commentary) | Fields and …

In 2000, the Uniform Law Commission promulgated for consideration by the states a Uniform Trust Code (the “Uniform Code”) with the stated objective of providing states with precise, comprehensive and easily accessible guidance on trust law questions.

HRS - capitol.hawaii.gov

UNIFORM TRUST CODE Part I. General Provisions and Definitions. Section 554D-101 Short title 554D-102 Scope 554D-103 Definitions 554D-104 Knowledge 554D-105 Default and mandatory rules 554D-106 Common law of trusts; principles of equity 554D-107 Governing law

The Uniform Trust Code Turns 25 - actecfoundation.org

Jan 14, 2025 · A trust and estate professor reviews the history and successes of the Uniform Law Commission (ULC), some of the Uniform Trust Code acts and it future.