Terms Used In Utah Code 75-12-112

• Directed trust: means a trust for which the terms of the trust grant a power of direction. See Utah Code 75-12-102
• Power of direction: includes a power over the investment, management, or distribution of trust property or other matters of trust administration. See Utah Code 75-12-102
• Terms of a trust: means :
       (8)(a) subject to Subsection (8)(b), the manifestation of the settlor's intent regarding a trust's provisions as:

            (8)(a)(i) expressed in the trust instrument; or

            (8)(a)(ii) established by other evidence that would be admissible in a judicial proceeding; or
       (8)(b) the trust's provisions as established, determined, or amended by:

            (8)(b)(i) a trustee or trust director in accordance with applicable law;

            (8)(b)(ii) a court order; or

            (8)(b)(iii) a nonjudicial settlement agreement under Section 75-7-110. See Utah Code 75-12-102
• Trust director: means a person that is granted a power of direction by the terms of a trust to the extent the power is exercisable while the person is not serving as a trustee, regardless of whether:
       (9)(a) the terms of the trust refer to the person as a trust director; or
       (9)(b) the person is a beneficiary or settlor of the trust. See Utah Code 75-12-102