Utah Code 75A-5-103. Scope
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Except as otherwise provided in the terms of a trust or this chapter, this chapter applies to:
(1) a trust or estate; and
Terms Used In Utah Code 75A-5-103
- Estate: includes the property of the decedent as the estate is originally constituted and the property of the estate as it exists at any time during administration. See Utah Code 75A-5-102
- Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).
- Trust: includes :(23)(a)(i) an express trust, private or charitable, with additions to the trust, wherever and however created; and(23)(a)(ii) a trust created or determined by judgment or decree under which the trust is to be administered in the manner of an express trust. See Utah Code 75A-5-102(2) a life estate or other term interest in which the interest of one or more persons will be succeeded by the interest of one or more other persons.