uniform trust code - Kansas Judicial Branch

SECTION 413. CY PRES. ................................................................... 72
SECTION 414. TERMINATION OF UNECONOMIC TRUST. ...................................... 76
SECTION 415. REFORMATION TO CORRECT MISTAKES. ...................................... 77
SECTION 416. MODIFICATION TO ACHIEVE SETTLOR’S TAX OBJECTIVES. ..................... 79
SECTION 417. COMBINATION AND DIVISION OF TRUSTS. .................................... 80
SECTION 418. REFERENCE TO A WRITTEN STATEMENT OR LIST .............................. 82
ARTICLE 5
CREDITOR’S CLAIMS; SPENDTHRIFT AND DISCRETIONARY TRUSTS
SECTION 501. RIGHTS OF BENEFICIARY’S CREDITOR OR ASSIGNEE. .......................... 84
SECTION 502. SPENDTHRIFT PROVISION. ................................................... 85
SECTION 503. EXCEPTIONS TO SPENDTHRIFT PROVISION. ................................... 87
SECTION 504. DISCRETIONARY TRUSTS; EFFECT OF STANDARD. ............................. 89
SECTION 505. CREDITOR’S CLAIM AGAINST SETTLOR. ...................................... 92
SECTION 506. OVERDUE DISTRIBUTION. ................................................... 95
SECTION 507. PERSONAL OBLIGATIONS OF TRUSTEE. ....................................... 96
ARTICLE 6
REVOCABLE TRUSTS
SECTION 601. CAPACITY OF SETTLOR OF REVOCABLE TRUST. ............................... 98
SECTION 602. REVOCATION OR AMENDMENT OF REVOCABLE TRUST. ........................ 99
SECTION 603. SETTLOR’S POWERS; POWERS OF WITHDRAWAL. ............................. 106
SECTION 604. LIMITATION ON ACTION CONTESTING VALIDITY OF REVOCABLE TRUST;
DISTRIBUTION OF TRUST PROPERTY. .............................................. 108
ARTICLE 7
OFFICE OF TRUSTEE
SECTION 701. ACCEPTING OR DECLINING TRUSTEESHIP. ................................... 111
SECTION 702. TRUSTEE’S BOND. .......................................................... 113
SECTION 703. COTRUSTEES. .............................................................. 115
SECTION 704. VACANCY IN TRUSTEESHIP; APPOINTMENT OF SUCCESSOR. ................... 119
SECTION 705. RESIGNATION OF TRUSTEE. ................................................. 122
SECTION 706. REMOVAL OF TRUSTEE. .................................................... 124
SECTION 707. DELIVERY OF PROPERTY BY FORMER TRUSTEE. .............................. 127
SECTION 708. COMPENSATION OF TRUSTEE. ............................................... 129
SECTION 709. REIMBURSEMENT OF EXPENSES. ............................................ 132
ARTICLE 8
DUTIES AND POWERS OF TRUSTEE
SECTION 801. DUTY TO ADMINISTER TRUST. .............................................. 134
SECTION 802. DUTY OF LOYALTY. ........................................................ 135
SECTION 803. IMPARTIALITY. ............................................................ 143
SECTION 804. PRUDENT ADMINISTRATION. ............................................... 144
SECTION 805. COSTS OF ADMINISTRATION. ............................................... 145
SECTION 806. TRUSTEE’S SKILLS. ......................................................... 145
SECTION 807. DELEGATION BY TRUSTEE. ................................................. 146
SECTION 808. POWERS TO DIRECT. ....................................................... 147
SECTION 809. CONTROL AND PROTECTION OF TRUST PROPERTY. ........................... 150
SECTION 810. RECORDKEEPING AND IDENTIFICATION OF TRUST PROPERTY. ................ 150
SECTION 811. ENFORCEMENT AND DEFENSE OF CLAIMS. ................................... 152