By Raymond H. Young and Leiha Macauley
As the Boston Bar Journal went to press, the Massachusetts Uniform Trust Code (“MUTC”) was pending in the legislature. The MUTC will be a comprehensive codification of trust law that consolidates and clarifies existing trust law, simplifies the administrative process for routine trust matters, and modernizes the laws governing Massachusetts trusts.
The MUTC will likely be effective at the time it is signed into law. The MUTC will apply to pre-existing trust instruments and to any proceedings in court pending on, or commenced after, its effective date, regardless of the date of the death of the decedent, unless the court finds the former procedure or law should apply in a particular matter.
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