Trust and Estate Legislation (2012 Ed.)
- Publisher:
- The Missouri Bar
- Publication date:
- 2012-01-01
Front Pages--Trust and Estate Legislation
Index--Trust and Estate Legislation
Chapter 1 Qualified Spousal Trusts (QSJT)
- Section 1 Introduction
- Section 2 Origins
- Section 3 Evolving Nature
- Section 4 Summary
- Section 5 Tenancy by the Entirety and Trusts
- Section 6 Bolton Roofing
- Section 7 Bankruptcy Cases
- Section 8 Conflicting Goals Create Problems
- Section 9 Titling Critical
- Section 10 Joint Trusts and Tax Planning
- Section 11 Other States’ Responses to the Tenancy by the Entirety Estate Planning Dilemma
- Section 12 Virginia
- Section 13 Delaware
- Section 14 Hawaii
- Section 15 Maryland
- Section 16 Illinois
- Section 17 Missouri QSJT Statute
- Section 18 Basic Requirements
- Section 19 Effective Date
- Section 20 Estate Planning Using QSJTs
- Section 21 Funding Critical
- Section 22 Separate Property
- Section 23 QSJTs and Estate Tax Planning
- Section 24 Planning Threshold—Moving Target
- Section 25 Planning Alternatives
- Section 26 Drafting for QSJTs
- Section 27 True Joint QSJT
- Section 28 Tax Planning QSJT
- Section 29 Other Provisions
- Section 30 Further Considerations in Drafting a Tax Planning QSJT
- Section 31 Drafting Funding Provisions
- Section 32 Form Provisions
- Section 33 QSJT Intent Language
- Section 34 All Assets, Including Separate Property, Held in Separate Equal Shares
- Section 35 Joint Property Equally to Each Separate Share, Separate Property to Separate Share Unless Scheduled
- Section 36 Joint Property and Separate Property Equally to Each Separate Share Unless Scheduled
- Section 37 Power to Amend or Revoke
- Section 38 Exercise of Reserved Powers
- Section 39 Power to Direct Trustees
Chapter 2 Decanting
- Section 40 Introduction
- Section 41 Subsections 1, 3, 4, 5, and 6
- Section 42 Subsection 1
- Section 43 Subsection 3
- Section 44 Subsection 4
- Section 45 Subsection 5
- Section 46 Subsection 6
- Section 47 Subsection 2
- Section 48 Subdivision (1)
- Section 49 Subdivisions (2)
- Section 50 Subdivision (4)
- Section 51 Subdivision (5)
- Section 52 Subdivision (6)
- Section 53 Subdivision (7)
- Section 54 Estate Tax
- Section 55 Generation-Skipping Transfer Tax
- Section 56 Discretionary Powers of Trustee
- Section 57 Court-Approved Settlements
- Section 58 Judicial-Construction Orders
- Section 59 Other Changes
- Section 60 Gift Tax
- Section 61 Income Tax: Distributable Net Income; Sale or Exchange; and Grantor Trust Implications
- Section 62 The Rule Against Perpetuities
- Section 63 Conclusion
Chapter 3 Uniform Adult Guardianship and Protective Proceedings Jurisdiction Act (UAGPPJA) and Miscellaneous Guardianship Changes
- Section 64 Introduction
- Section 65 The Uniform Act
- Section 66 Terminology
- Section 67 The Problem of Multiple State Court Jurisdiction
- Section 68 The Problem of Transfer
- Section 69 The Problem of Out-of-State Recognition
- Section 70 UAGPPJA and Child Custody Analogy
- Section 71 Objectives and Key Concepts of the Missouri UAGPPJA
- Section 72 Key Definitions:
- Section 73 Jurisdiction:
- Section 74 Home State
- Section 75 Significant-Connection State
- Section 76 Another State
- Section 77 Special Cases
- Section 78 Other Concepts
- Section 79 Related Statutes
- Section 80 Article 3, Transfer of Guardianship or Conservatorship to Another State
- Section 81 Article 4, Registration and Recognition of Orders From Other States
- Section 82 Article 5, Miscellaneous Provisions; Effective Date:
- Section 83 International Application:
- Section 84 Missouri Modifications to the UAGPPJA
- Section 85 Contents of Petition:
- Section 86 Public Administrators:
- Section 87 The UAGPPJA and the Missouri UAGPPJA
Chapter 4 Technical Correction of Missouri Uniform Trust Code (MUTC) and Missouri Uniform Principal and Income Act (MUPIA)
- Section 88 Statutory Response to Brams
- Section 89 Spendthrift Trusts and Powers of Appointment
- Section 90 Mandatory Notice to Beneficiaries of an Irrevocable Trust
- Section 91 MUPIA Unitrust Provisions
- Section 92 MUPIA Retirement Distributions, Marital Trust Qualification
- Section 93 MUPIA and Flow-Through Entity Distributions