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The Uniform Trust Code

The Uniform Trust Code (UTC) is a comprehensive set of laws designed to standardize trust administration across the United States. It provides guidelines on how trusts should be created, managed, and terminated, ensuring consistency and clarity. The UTC addresses key aspects such as the roles and responsibilities of trustees, the rights of beneficiaries, and the process for resolving disputes. By providing a uniform approach, the UTC aims to simplify trust management, promote fairness, and protect the interests of those involved, making the legal framework around trusts more accessible and predictable for everyone.