uniform trust code - Kansas Judicial Branch
uniform trust code - Kansas Judicial Branch
uniform trust code - Kansas Judicial Branch
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passes to the persons who would have taken the property had the power not been conferred.<br />
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<strong>Kansas</strong> Comment<br />
Subsection (a)(1) conforms to <strong>Kansas</strong> law. See Peterson v. Peterson, 10 Kan. App. 2d 437,<br />
700 P.2d 585 (1985) (equity will set aside a <strong>trust</strong> where it is not the pure, voluntary, well understood<br />
act of the grantor’s mind); 59-601 (person must be of sound mind to dispose of property by will).<br />
Subsection (a)(2) conforms to <strong>Kansas</strong> law. See Taliaferro v. Taliaferro, 260 Kan. 573, Syl.<br />
1, 921 P.2d 803 (1996) (express <strong>trust</strong> requires intention by settlor to create a <strong>trust</strong>).<br />
Subsection (a)(3) conforms to <strong>Kansas</strong> law as to the requirement of a definite beneficiary.<br />
See In re Freshours Estate, 185 Kan. 434, 440, 345 P.2d 689 (1959) (private <strong>trust</strong> requires a<br />
beneficiary who is definitely ascertained at the time of the creation of the <strong>trust</strong> or definitely<br />
ascertainable within the rule against perpetuities). See later sections regarding other types of <strong>trust</strong>s.<br />
Subsection (a)(4) conforms to <strong>Kansas</strong> law. See generally Shumway v. Shumway, 141 Kan.<br />
835, 44 P.2d 247 (1935) (requirement for valid <strong>trust</strong> is that <strong>trust</strong>ee must accept and handle subject<br />
matter of <strong>trust</strong> as a <strong>trust</strong>); K.S.A. 58-1201 et seq. (Uniform Trustees’ Powers Act).<br />
Subsection (a)(5) conforms to <strong>Kansas</strong> law. See Matthews v. Salvage, 195 Kan. 501, 407 P.2d<br />
559 (1965) (same person cannot at the same time be sole <strong>trust</strong>ee and sole beneficiary of the same<br />
identical interest and <strong>trust</strong> cannot exist where legal and sole beneficial interests are in the same<br />
person).<br />
Subsection (b) generally conforms to <strong>Kansas</strong> law. See parenthetical above for Freshours,<br />
185 Kan. 434.<br />
Subsection (c) is new.<br />
UTC Comment<br />
Subsection (a) codifies the basic requirements for the creation of a <strong>trust</strong>. To create a valid<br />
<strong>trust</strong>, the settlor must indicate an intention to create a <strong>trust</strong>. See Restatement (Third) of Trusts § 13<br />
(Tentative Draft No. 1, approved 1996); Restatement (Second) of Trusts § 23 (1959). But only such<br />
manifestations of intent as are admissible as proof in a judicial proceeding may be considered. See<br />
Section 103(17) (“terms of a <strong>trust</strong>” defined).<br />
To create a <strong>trust</strong>, a settlor must have the requisite mental capacity. To create a revocable or<br />
testamentary <strong>trust</strong>, the settlor must have the capacity to make a will. To create an irrevocable <strong>trust</strong>,<br />
the settlor must have capacity during lifetime to transfer the property free of <strong>trust</strong>. See Section 601<br />
(capacity of settlor to create revocable <strong>trust</strong>), and see generally Restatement (Third) of Trusts § 11<br />
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