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September
If your estate plan includes one or more trusts, you may have a good reason for wanting to keep them a secret. For example, you may be concerned that, if your children or other beneficiaries knew about the trust, they might spend recklessly or neglect educational or career pursuits. Despite your good intentions, however, Utah law requires the trustees of certain trusts to disclose specific information to beneficiaries. Disclosure requirements Revocable Trust: Revocable Trust: If a trust is revocable and the person forming the trust (the “Settlor”) has the capacity to revoke the trust, then a trustee’s duties are owed.
