CANNON: Opportunities and Obstacles Created by the Uniform Trust Code

The Trust Company of Tennessee

Join The Trust Company of Tennessee for a presentation of Cannon Financial's Teleconference series.

Cannon Estate Planning Teleconference Series is a teleconference on Wealth Management and Estate Planning topics. Light snacks will be served beginning at 12:30pm. The teleconference is 1pm - 2:30pm Eastern Time. The industry&#x27;s foremost leading authorities provide commentary and debate over the use of complex financial and legal strategies to serve their high-net-worth clients best. Professionals can connect and collaborate on relevant issues without the added expense of travel and accommodations while earning continuing education and learning credits to preserve their valuable business credentials.

TOPIC: Opportunities and Obstacles Created by the Uniform Trust CodeAs of August 2022, in the 20 years since Kansas became the first state to enact the Uniform Trust Code, 34 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 periodically deserves a thorough review. We’ll examine some of the most important aspects of the UTC, including:
Default and Mandatory Rules
Virtual Representation
Trust Modification
Notice Requirements
Duties Trustees Owe to Beneficiaries

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CANNON: Opportunities and Obstacles Created by the Uniform Trust Code

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CANNON: Opportunities and Obstacles Created by the Uniform Trust Code

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