Is There A Uniform Trust Act in Your Future?
Probate and Property, January/February, Volume 14, Number 1
By David M. English
David M. English is the W. F. Fratcher Endowed Professor of Law at the University of Missouri-Columbia. He is the Reporter for the Uniform Trust Act and is a member of the Section's Supervisory Council.
The National Conference of Commissioners on Uniform State Laws (NCCUSL) is close to completing the first comprehensive attempt at the national level to codify the law of trusts-the Uniform Trust Act (Act). This article describes the reasons for the Act and many of its provisions. The Act is scheduled for final reading and approval by NCCUSL during the summer of2000, meaning that states may begin enacting the Act in its final form in their 2001 legislative sessions. This article is based on the draft discussed at NCCUSL's 1999 annual meeting.