This chapter may be cited as the Uniform Trust Code.
Effective: July 15, 2014

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Terms Used In Kentucky Statutes 386B.11-050

  • Trust: means an express trust established by a trust instrument, including a will, whereby a trustee has the duty to administer a trust asset for the benefit of a named or otherwise described income or principal beneficiary, or both. See Kentucky Statutes 386B.1-010

History: Created 2014 Ky. Acts ch. 25, sec. 95, effective July 15, 2014.