uniform trust code - Kansas Judicial Branch

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This section includes the 2001 amendments to the 2000 Uniform Trust Code in subsections
(3) and (8). The changes are as follows:
"(3) the requirement that a trust and its terms be for the benefit of its
beneficiaries, and that the trust have a purpose that is lawful, not
contrary to public policy, and possible to achieve;"
"(8) with respect to the qualified beneficiaries of an irrevocable trust
who have attained 25 years of age, the duty under Section 813(b)(2)-
(3) to notify the qualified beneficiaries of an irrevocable trust who
have attained 25 years of age them of the existence of the trust, of the
identity of the trustee, and of their right to request trustee’s reports
and other information reasonably related to the administration of the
trust;
"(9) the duty under Section 813(a) to respond to the request of a
beneficiary of an irrevocable trust for trustee’s reports and other
information reasonably related to the administration of a trust;"
Subsection (b)(3) is revised to clarify that a settlor cannot override the requirement that a
trust must have a legal and valid purpose. Subsections (b)(8)-(9) are revised to make clear that the
requirements that may be waived under these two subsections are those imposed by Section 813.
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SECTION 106. COMMON LAW OF TRUSTS; PRINCIPLES OF EQUITY. The
common law of trusts and principles of equity supplement this [Code], except to the extent modified
by this [Code] or another statute of this State.
Kansas Comment
This section is new.
UTC Comment
The Uniform Trust Code codifies those portions of the law of express trusts that are most
amenable to codification. The Code is supplemented by the common law of trusts, including
principles of equity, particularly as articulated in the Restatement of Trusts, Restatement (Third) of
Property: Wills and Other Donative Transfers, and the Restatement of Restitution. The common law
of trusts is not static but includes the contemporary and evolving rules of decision developed by the
courts in exercise of their power to adapt the law to new situations and changing conditions. It also
includes the traditional and broad equitable jurisdiction of the court, which the Code in no way
restricts.
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