News & Analysis as of September 26, 2024

Inter Vivos Trust

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When the parties to a trust relationship, as well as its subject property, are located in different states, which state’s law...

Charles E. Rounds, Jr. - Suffolk University... on 5/21/2024

Consider the following situation. Settlor owns a thousand acres of land in a domestic-asset- protection haven (DAPT state). While he is alive, he transfers in trust the land to a corporate trustee that does business...more

The enforceability of a trust accounting clause’s failure-to-object provision (the non-judicial settlement of trustees’ accounts)

Charles E. Rounds, Jr. - Suffolk University... on 8/4/2014

It is common for the accounting clause of an inter vivos trust instrument to contain a provision along the lines of the following: “The written approval of such an account by the person or persons thus entitled to such...more

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Uniform Trust Code › Trustees › Inter Vivos Trust

When the parties to a trust relationship, as well as its subject property, are located in different states, which state’s law...

The enforceability of a trust accounting clause’s failure-to-object provision (the non-judicial settlement of trustees’ accounts)

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