Uniform Trusts Act

The Uniform Trusts Act is a set of model laws designed to standardize and clarify trust law across different states in the U.S. It provides clear rules about how trusts are created, managed, and terminated. The Act addresses the rights and responsibilities of trustees (the people managing the trust) and beneficiaries (those who benefit from the trust), ensuring transparency and fairness. By adopting this framework, states can simplify trust administration, reduce disputes, and enhance legal consistency, ultimately promoting public confidence in the trust system.