Connecticut Enacts Major Trust Legislation

The Connecticut General Assembly has passed significant trust legislation including the Uniform Trust Code and Directed Trust Act, and extended the rule against perpetuities to allow 800-year dynasty trusts.

Public Act 19-137, entitled, An Act Concerning the Uniform Trust Code was signed by Connecticut Governor Ned Lamont on July 12, 2019, and will be effective on January 1, 2020.

Read more at Attorney at Law Magazine.