The Uniform Trust Code Revisited

4823 Old Kingston Pike,Knoxville TN 37919

23 March, 2021

Description

Join The Trust Company of Tennessee for a hosted presentation of Cannon Financial's 2021 Teleconference series. Hosted at The Trust Company of Tennessee's Knoxville office with limited attendance for safety. Boxed lunches will be served for those attending in person beginning at 12 pm. Socially distanced seating is available in our conference room for a limited number.If you are interested in attending virtually, we are exploring options for your participation. Please contact Lindsay Cates for additional options at [email protected]. As of August 2020, in the 18 years since Kansas became the first state to enact the Uniform Trust Code, 33 more states, plus the District of Columbia, have enacted it. Additionally, several states that have not enacted the UTC have adopted portions of it or have modeled some of their trust laws on it. Thus, it can fairly be said that the UTC has become highly influential in the development of trust law nationally. A statutory compilation of such stature deserves a thorough review. We will examine some of the most important aspects of the UTC, including: Default and Mandatory RulesVirtual RepresentationTrust ModificationNotice RequirementsDuties Trustees Owe to Beneficiaries