Tag Archives: Utah trusts

New Utah Unitrust Legislation

On March 27, 2013, Governor Herbert signed into law S.B. 198, which permits conversion of traditional income trusts to total return unitrusts without court approval.  Prior to this legislation, a traditional trust could be converted to a unitrust in Utah … Continue reading

Posted in Current Legal Developments | Tagged , , | Leave a comment

Rapela v. Green, 2012 UT 57

In Rapela v. Green, 2012 UT 57, the Utah Supreme Court has offered guidance on when removal of a trustee is appropriate.  The Court interpreted Utah Code §75-7-706(2)(d), which provides that a court may remove a trustee if (1) there … Continue reading

Posted in Current Legal Developments | Tagged , , | Leave a comment