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Massachusetts Adopts Uniform Trust Code

18 December 2012       Bookmark and Share

The Massachusetts Uniform Trust Code ("MUTC") was recently signed into law and applies to all trusts in existence before, on, or after its effective date, with a few provisions that apply prospectively only.

The MUTC clarifies and, in some cases expands, the rights of trust beneficiaries, gives trustees more flexibility in administering trusts, and reduces the need for court supervision over and intervention in trust matters. Anyone serving as a trustee of a Massachusetts trust or who is a beneficiary of such a trust should contact us if they have any questions about the impact of the MUTC on a particular trust.

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