2017 Statutes Index

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Federal estate and generation skipping taxes, repealed; administration of trusts referring to, 854.30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

Impossibility of trust purpose, cy pres doctrine, 701.0413

Mistakes, correction, 701.0415

Noncharitable irrevocable, by consent, 701.0411

Tax objectives, modification to achieve, 701.0416

Unanticipated circumstances or inability to administer, 701.0412

Uneconomic trust, 701.0414

Notice, methods and waiver, 701.0109

Perpetuities, rule against applies, 700.16

Principal and income act:

Adjustments;

Trustees power to make, 701.1104

Notice to beneficiaries, 701.1105

Apportionment:

Receipts and disbursements, when decedent dies or income interest begins, 701.1113

When income interest ends, 701.1114

Asset-backed securities, 701.1129

Capital gains, power to treat as part of distributions, 701.1108

Definitions, 701.1102

Deferred compensation, annuities, similar pay, 701.1123

Depreciation, transfers form income to principal for, 701.1133

Derivatives and options, 701.701.1128

Distributions from trust or estate, 701.1116

Fiduciary duties, general principles, 701.1103

Income:

Disbursements from, 701.1130

Payments and accumulations, 701.1136

When right to begins and ends, 701.1112

Insurance and similar contracts, 701.1121

Insubstantial obligations not required, 701.1122