Page 3 - Uniform Trust Code News Today

To understand and evaluate the competing approaches concerning the use of nonjudicial settlement agreements, one must look to the Code sections themselves, the legislative history behind them and the intent of the authors of the revisions to the Trust Code.

In Atty. Matthew Erskine’s article in Forbes, dated Oct. 5, 2022, several sentences from §9.27 of Loring and Rounds: A Trustee’s Handbook (2022) are quoted verbatim with due...

The Uniform Trust Code and the Restatement (Third) of Trusts both follow the presumption that trust beneficiaries should be generally kept aware of the existence of the trust, their...

In a previous ke kumu article, we introduced the newly adopted Hawaiʻi Uniform Trust Code ("UTC"), which went into effect on January 1, 2022.

The July applicable federal rate (“AFR”) for use with a sale to a defective grantor trust, self-canceling installment note (“SCIN”) or intra-family…

July 2022 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts AFRs The July applicable federal rate...

Florida passes SLAT-friendly legislation to ensure that none of the alligators that populate its legal waters will take a bite out of anyone’s estate.

The recent legislation session saw several improvements made to Tennessee’s Uniform Trust Code (the “TN UTC”), arising from the joint efforts of banking and trust experts. While some of...

In part two of a series, State Bar Government Relations Coordinators Cale Battles and Lynne Davis highlight more of the legislative priorities State Bar lobbying sections hope to wrap up by the session´s end.

In part two of a series, State Bar Government Relations Coordinators Cale Battles and Lynne Davis highlight more of the legislative priorities State Bar lobbying sections hope to wrap up by the session´s end.