White Paper

Rules of Trust Administration in Kansas: Trust Provisions

 
The Trustee can never go beyond the authority in the instrument, or that which can be fairly interpreted from the purposes of the Trust. If there is any doubt, the Trustee should obtain court approval.

There probably is no more possible point of contention than his need or desire to make distributions from the Trust. There could likely be a mix of beneficiaries-minors, those with special needs, those with educational needs, and variances in ages.

The UTC sets forth this guidance for distributions when a trust is completely or
partially closed.

Download this whitepaper and learn more...

Faculty

Richard W. Byrum

Richard W. Byrum Attorney at Law

Agenda

Distribution Provisions and the Trustee's Powers
Succession of Trustees and Applicable Law
Crummey Powers and Spendthrift Provisions

Faculty

Richard W. Byrum

Richard W. Byrum Attorney at Law

  • Shareholder of Richard W. Byrum, PC
  • Practice areas include estates and trusts, probate, real estate, finance, construction, business transactions, commercial litigation and mediation
  • Practiced for over 39 years in the Kansas City metropolitan area
  • Frequent lecturer on practice subjects for continuing legal education seminars
  • Past adjunct staff member, Johnson County Community College, teaching Kansas pre-license real estate course
  • Past adjunct professor of law, teaching real estate finance at UMKC School of Law
  • J.D. degree, University of Missouri at Kansas City; B.A. degree, University of Kansas
  • Can be contacted at 816-977-2820 or [email protected]

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