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Group and Committee

FREE Group and Committee Conference Calls on Current Legal Topics

Group and Committee conference calls are a complimentary benefit of Section membership and normally are limited to Section members. However, prospective members are welcome to join a call without charge to learn more about the Section of Real Property, Trust and Estate Law (RPTE) Groups and Committees, and how to become involved upon joining the Section

Register for Professors' Corner

Register for Professors' Corner

October 10

Professors' Corner - Uniform Directed Trust Act: Promises and Frustrations

Tuesday, October 10, 2023
12:30pm – 1:30pm ET


Presented by the Joint Legal Education and Uniform Laws Group of the ABA Section of Real Property, Trust and Estate Law

Panelists include Robert Sitkoff, Harvard Law School; John Morley, Yale Law School; and Renee Salley, Bessemer Trust. Moderated by Bradley Myers, University of North Dakota Law School,
 
As directed trusts came to be viewed as a shrewd estate management tool, there was much legal uncertainty about the risks and responsibilities for trustees and trust directors. In 2017, the Uniform Law Commission promulgated the Uniform Directed Trust Act (UDTA), which purports to resolve many of the legal uncertainties about directed trust provisions by, among other things, imposing fiduciary duties on persons not formally trustees and providing guidance on issues of administration, such as filling vacancies and sharing information. To date, only 16 states have adopted the UDTA. This slow rate of adoption leaves practitioners in the precarious position of navigating the permissible uses and limits in cases of clients with assets in non-adopting states. The panelists will discuss the promises of the UDTA and frustrations as states resist embracing it.

REGISTER FOR PROFESSORS' CORNER

Recorded Calls

The Section keeps the Group and Committee calls archived a period of six (6) months.  If you missed a call you can access it in our audio archive library.

CLE On-Demand Library