Section 3.1 Introduction

• Library: Trusts and Powers 2013 Supp

I. (§3.1) Introduction

The Missouri Uniform Trust Code (MUTC), §§ 456.1-101 to 456.11-1106, RSMo Supp. 2005, with its comprehensive additions and changes to Chapter 456, RSMo, provides sound and solid guidance to trustees and their counsel in most areas of trust administration, and the changes are a significant improvement over the previous statutes that were grouped under the heading “Trusts and Trustees.” It was signed into law on August 28, 2004, and is effective as of January 1, 2005. In response to a need for further clarification regarding trust law, the Missouri legislature, in concert with the Missouri Trust and Probate Committee, enacted the MUTC, which was based on the Uniform Trust Code (UTC), 7C U.L.A. 189 (Supp. 2005), that was...