C. Raymond Radigan, Jennifer F. Hillman and Peter K. Kelly of Ruskin Moscou Faltischek write: For several years, various organizations at the request of the New York State Legislative Advisory Committee have been considering whether to recommend the adoption of a uniform trust code for New York. A good start for any discussion is the Uniform Trust Code, a national codification of the law of trusts, but we believe New York should consider a more tailored code based upon the current New York common law.
January 31, 2011 at 12:00 AM
1 minute read
New York has a very well developed common law in the trust area. However, its lack of accessibility to practitioners and trustees has lead to recent discussions concerning whether New York should adopt a uniform trust code.
For several years, various organizations at the request of the New York State Legislative Advisory Committee have been considering whether to recommend the adoption of a uniform trust code for New York.
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