Trustees of Pennsylvania trusts have until November 6th to comply with the new notice requirements of the Pennsylvania Uniform Trust Act (PA UTA). This new legislation requires notice to beneficiaries and interested parties of the existence of trusts.
Until now, there have been many "secret" trusts in Pennsylvania. In other words, many beneficiaries of a trust don’t even know that the trust exists. A trustee had no duty to tell beneficiaries about the existence of the trust they managed or to provide any information to beneficiaries about the trust, its investments or provisions.
In order to help you meet these new disclosure requirements we provide a handy reference guide to the PA UTA changes:
click here: Handy Cheat Sheet
I have a limited number of these available that have been laminated. Please e-mail me at firstname.lastname@example.org if you would like us to send you one.
Also, here is a copy of a recent article I wrote on this topic, published in the Intelligencer Journal.
click here: Reproducible Article
These items may be reproduced for further distribution "as is" (that means with no changes and including attribution).
The cheat sheet: