Directed Trusts: Panacea or Plague?

Proper drafting and administration can ensure that there’s never a doubt who’s responsible for a particular matter

Todd A. Flubacher | Feb 02, 2015

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Directed trusts have become commonplace over the last decade. There are only nine states that haven’t enacted some form of directed trust statute,¹ and among those, several are considering such legislation. Section 808 of the Uniform Trust Code (UTC) implements the concept, and the Uniform Law Commission recently empanelled a Divided Trusteeship

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TAGS: Estate Planning

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