2017 Statutes Index

See also Antitrust Law; Financial Institutions—12. Trust Companies; Trust Accounts and Funds

1. General Provisions

2. Investments

3. Trustees

trusts_1. general provisions 1. General Provisions

Generally, Ch. 701

Accumulations permitted, 701.1136 (3)

Administration:

Court, role of, 701.0201

Principal place of, 701.0108

Augmented marital property estate, transfers included in, 861.05

Basic will with trust, see Probate and Transfers at Death—19. Wills

Beneficiaries, qualified, others treated as, 701.0110

Benefit plans, designation of beneficiaries, payees and owners, 853.18

Cemetery, see Cemeteries

Charitable, 701.0405

Court proceedings, notice to attorney general, 879.03 (2) (c)

Property tax exemptions, property held for public interest, 70.11 (20)

Combination and division of trusts, 701.0417

Common law trusts, regulated, 226.14, 701.0106

Conveyances, disclosure of trust omitted, effect on title, 706.08 (3)

Creation of trust:

Animals, trust for care, 701.0408

Induced by fraud, duress, or undue influence, 701.0406

In other jurisdictions, 701.0403

Methods, 701.0401

Noncharitable without ascertainable beneficiaries, 701.0409

Oral trust, 701.0407

Purposes, 701.0404

Charitable purposes, 701.0405

Requirements, 701.0402

Creditors rights:

Beneficiaries creditors, 701.0501

Discretionary trusts, 701.0504

Spendthrift provisions, 701.0502, 701.0503

Overdue distributions, 701.0506

Settlor's creditors, 701.0505

Trustee's obligations, 701.0507

Custodial trusts, uniform act:

Application, 54.986, 54.988

Creation:

Methods and forms, 54.984

Upon future event, 54.954

Definitions, 54.850, 54.950

General provisions, 54.952

Incapacitated beneficiary, 54.968

Liability:

Of third person, 54.970

Of trust, trustee, beneficiaries, 54.972

Multiple beneficiaries; separate trusts; survivorship, 54.960

Termination, distribution, 54.982

Trustee:

Acceptance of property, effect, 54.956

Accounting and reporting, 54.978

Actions against, limitations, 54.980

Duties, 54.962

Expenses, compensation and bond, 54.976

Powers, 54.964

Replacement, 54.974

Transfer to, by fiduciary or obligor, 54.958

Use of property, 54.966

Death:

See also Probate and Transfers at Death—9. General Rules for Transfers at Death

Debts of decedents, 701.0508

Disclaimer of transfers at death, 854.13

Federal estate and generation skipping taxes, repealed; administration of trusts referring to, 854.30

Transfers at, applicability of general rules, 701.1204

Definitions, 701.0103

Electronic records and signatures, 701.1202

Farm operations, restrictions, 182.001

Governing law, 701.0107

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

Judicial proceedings:

Administration of trust, role of court, 701.0201

Attorney fees and costs, 701.1004

Breach of trust, see Trusts-3. Trustees

Damages in absence of breach, 701.1003

Jurisdiction:

Personal, 701.0202

Subject matter, 701.0203

Venue, 701.0204

Knowledge, when person has, 701.0104

Marital deduction transfers, 701.0819

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

Modification or termination:

Appointment of assets to new trust, 701.0418

Approval or disapproval, proceedings, 701.0410

Combination and division of trusts, 701.0417

Distribution upon termination, 701.0817