JD Supra

Uniform Trust Code (UTC) and Uniform Voidable Transactions Act (UVTA) could be better coordinated in the Domestic Asset Protection Trust (DAPT) space

In a Sept. 11, 2023 JDSUPRA posting I questioned the doctrinal and practical utility of partial legislative codifications of equity’s principles-based jurisprudence, such as the UTC, the very ...
JD Supra

Parsing the Uniform Trust Code in Isolation Without Regard to the Uniform Probate Code and the Uniform Powers of Appointment Act is Not Advised

Intro. The Uniform Trust Code (UTC) is a mere aggregation of tweaks to the corner of equity jurisprudence that long ago gave birth to and currently stewards the trust relationship, hereinafter “the ...
WealthManagement.com

Tips From the Pros: Representation of Others Under the UTC

The representation provisions of the Uniform Trust Code (UTC), 1 contained in Article 3, are among its most consequential and its most complicated in application. They comprise a harmonious statutory ...
WealthManagement.com

New Jersey Enacts the Uniform Trust Code

The Uniform Trust Code (UTC) became effective in New Jersey on July 17, 2016. The UTC will apply to existing trusts as well as to new trusts. The UTC offers flexibility, efficiency in administration ...
Law

Resolving Trust Administration Issues Outside of Court

The New Jersey Uniform Trust Code (UTC or “the Act”) was enacted on Jan. 19, 2016, and became effective on July 17, 2016. The UTC provides a sweeping set of directives regarding the administration of ...