TRUSTS

Income tax, see Taxation-8. Income and Franchise Tax

Interest of beneficiaries, 701.05

Land held in by incompetent, conveyance, 786.01

Life insurance, transferred to trust of insured, 701.09 (3)

Living trusts:

Creditors' rights, 701.07 (3)

Eligible to receive proceeds, 701.07 (2)

Transfers to, 701.08

Validity, 701.07 (1)

Mandatory power, when deemed discretionary, 701.19 (3)

Marital deduction, termination, 701.13 (4)

Marital property, transferred to, 766.31 (5), 766.51 (3)

Modification, 701.13

With consent of settlor, 701.12

Mortgage, definition, 701.19 (1)

Nonexistent living trusts, transfers to, 701.08 (3)

Notice in circuit court proceedings, 701.14 (2)

Waiver, 701.14 (2)

Partnership, power to form, 701.19 (5)

Passive, abolished, 701.03

Perpetuities, rule against applies, 700.16

Petition for placement of assets in trust by parents, spouse, issue, 880.175

Platting land, power of trustee, 701.19 (8)

Power of trustee presumed where not recorded, 706.08 (4)

Principal and income act, 701.20

Principal beneficiaries, 701.06 (2)

Private foundations:

Distribution to avoid tax, 701.105 (2)

Prohibited acts regarding investments, 701.105 (1)

Proceeds of sale of future estates, 786.34

Purchase money resulting, abolished, 701.04

Purposes, 701.02

Removal to foreign jurisdiction, 701.23 (1)

Removal to this state, 701.23 (2)

Representation of others, 701.15

Revocation, with consent of settlor, 701.12

Sale, definition, 701.19 (1)

Securities, registration in nominee, 701.19 (6)

Settlor, as beneficiary, rights of creditors, 701.06 (6)

Spendthrift provisions, 701.06

Split-interest trust:

Distribution to avoid tax, 701.105 (2)

Prohibited acts regarding investments, 701.105 (1)

Stock, proxy voting power, 701.19 (7)

Suspension of power of alienation limited, 700.16

Termination, 701.13

Property valued at less than $5,000, 701.13 (3)

With consent of settlor, 701.12

Transfers to minors act, 880.61 to 880.72

Trustees, see Trustees

Unclaimed property act, Ch. 177

Uniform custodial trust act:

Application, 880.90, 880.905

Creation:

Methods and forms, 880.895

Upon future event, 880.82

Definitions, 880.81

General provisions, 880.815

Incapacitated beneficiary, 880.855

Liability:

Of third person, 880.86

Of trust, trustee, beneficiaries, 880.865

Multiple beneficiaries; separate trusts; survivorship, 880.835

Termination, distribution, 880.89

Trustee:

Acceptance of property, effect, 880.825

Accounting and reporting, 880.88

Actions against, limitations, 880.885

Duties, 880.84

Expenses, compensation and bond, 880.875

Powers, 880.845

Replacement, 880.87

Transfer to, by fiduciary or obligor, 880.83

Use of property, 880.85

Uniform fiduciaries act, Ch. 112

Valuation in distribution of assets, 701.22

Venue, 701.14 (4)

Void, unless in writing, 243.01