Uniform Trust Code: Difference between revisions

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Colorado adopted the UTC in 2018 and Connecticut and Illinois adopted the UTC in 2019. Illinois's UTC goes into effect January 1, 2020.
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The '''Uniform Trust Code''' is a [[Model act|model law]] in the [[United States]], which although not binding, is influential in the states, and used by many as a model law. As of SeptemberJanuary 271, 20192020, 34 States (the States that have enacted a version of the Uniform Trust Code are (Alabama, Arizona, Arkansas, Colorado, Connecticut, Florida, Illinois (goes into effect on January 1, 2020), Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Jersey, New Hampshire, New Mexico, North Carolina, North Dakota, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Utah, Vermont, Virginia, West Virginia, Wisconsin, and Wyoming). Illinois becomes the 34th on January 1, 2020.<ref>[https://www.greensfelder.com/trusts-and-estates-blog/new-illinois-trust-code-to-take-effect-Jan-1-2020]</ref>
 
==Background==