What is the Arizona Trust Code?
What is the Arizona Trust Code? Beginning January 1, 2009, the new Arizona Trust Code requires the trustee of all irrevocable trusts to provide each beneficiary who is entitled or permitted to receive trust income or principal with annual reports unless that beneficiary waives his or her right to a report in writing about the administration of the ... Does Arizona follow uniform trust code? The Arizona legislature has adopted an Arizona Trust Code (“ATC”), which is different in a number of ways from the prior Uniform Trust Code (“UTC”). First and foremost, revocable or irrevocable trusts in existence on...