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The Uniform Trust Code (UTC) is a comprehensive codification of the common law on trusts
The Uniform Custodial Trust Act (UCTA) enables a person to establish a commonly desired form of living trust by simply registering assets in the name of one individual as "custodial trustee for (beneficiary's name)." It functions similarly to the Uniform Transfers to Minors Act, but allows for an adult beneficiary
The Uniform Trust Decanting Act (UTDA) provides a method for reforming or modernizing the terms of an irrevocable trust. “Decanting” is the term used to describe the distribution of assets from one trust into a second trust, like wine is decanted from the bottle to another vessel
The Uniform Statutory Trust Entity Act (USTEA) governs the use of statutory trusts as a mode of business organization
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Uniform Law Commission The Uniform Law Commission (ULC, also known as the National Conference of Commissioners on Uniform State Laws), established in 1892, provides states with non-partisan, well-conceived and well-drafted legislation that brings clarity and stability to critical areas of state statutory law.