What Does the New Colorado Uniform Trust Code Mean for Clients?
The National Conference of Commissioners on Uniform State Laws (“NCCUSL”) discusses, debates and drafts model laws for subject areas which may benefit from uniformity across the states. Because the body of trust law is small, NCCUSL drafted a Uniform Trust Code (“UTC”), which Colorado adapted and enacted effective January 1, 2019. Trust administrations are largely […]
