Trustee’s Duty to Inform Beneficiaries

Kevin D. Millard, a sole practitioner in Denver, Colorado, has recently published a very useful article entitled The Trustee’s Duty to Inform and Report Under the Uniform Trust Code, 40 Real Prop., Prob. & Tr. J. 373 (2005).

Here is the editors’ synopsis of this article:

This Article discusses the purposes of a trustee’s duty to inform and report, and summarizes how the duty has been codified in the Uniform Trust Code (UTC). The Article also summarizes how the states that have enacted the UTC have either followed or departed from the official UTC provisions, it analyzes the changes made by those states, and suggests how other states considering adopting the UTC might approach this issue.