The Uniform Trust Code (UTC) is a model law that provides a comprehensive and uniform framework for the creation, administration, and termination of trusts in the United States. The UTC was developed by the Uniform Law Commission (ULC), a non-profit organization dedicated to promoting uniformity...

Modern trust law refers to the legal rules and principles that govern the creation, administration, and termination of trusts in contemporary society. It encompasses the various statutes, judicial decisions, and customary practices that define the rights and duties of trust creators,...

A treatise on the law of trusts is a comprehensive legal text that provides an in-depth analysis and explanation of the law related to trusts. These texts typically cover the history and development of trust law, the types of trusts, the duties and responsibilities of trustees, the rights of...

To draft a contract, the following steps should be followed:

1. Identify the parties involved: Clearly state the names and addresses of the individuals or entities entering into the contract.

2. Define the purpose of the contract: Clearly state the purpose of the contract and what each party hopes...