Utah Statutes
§ 75B-1-103 — Death of trustee -- Trust estate vests in successor.
Upon the death of a sole or surviving trustee of an express trust:
(1)the trust estate does not descend to the trustee's heirs or pass to the trustee's personal representatives; and
(2)the trust estate immediately vests in the successor trustee upon the appointment and qualification of a successor trustee.
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Utah § 75B-1-103 (Death of trustee -- Trust estate vests in successor.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Renumbered and Amended by Chapter 364, 2024 General Session
Nearby Sections
15
§ 75B-1-101
Definitions for title.§ 75B-1-102
Transition clause.§ 75B-1-201
Definitions for part.§ 75B-1-203
Income permitted to accumulate.§ 75B-1-301
Definitions for part.§ 75B-1-302
Asset protection trust. -- Governing law.§ 75B-1-303
Requirements for asset protection trust.§ 75B-1-304
Application of asset protection trust.§ 75B-1-305
Illusory agreement.§ 75B-1-306
Affidavit of solvency.