Uniform Probate Code

From Wikipedia, the free encyclopedia

The Law of Wills, Trusts
and Estate Administration
Part of the common law series
Wills
Wills  · Legal history of wills
Joint wills and mutual wills  · Will contract
Codicils  · Holographic will  · Oral will
Parts of a Will
Attestation clause  · Residuary clause
Incorporation by reference
Contesting a Will
Testamentary capacity  · Undue influence
Insane delusion  · Fraud
Problems of property disposition
Lapse and anti-lapse
Ademption  · Abatement
Acts of independent significance
Elective share  · Pretermitted heir
Trusts
Generic Terms:
Express trust  · Constructive trust
Resulting trust
Common Types of Trust:
Bare trust  · Discretionary trust
Accumulation and Maintenance trust
Interest in Possession trust
Charitable trust  · Purpose trust
Incentive trust
Other Specific Types of Trust:
Protective trust  · Spendthrift trust
Life insurance trust  · Remainder trust
Life interest trust  · Reversionary interest trust
Honorary trust  · Asset-protection trust
Special needs trust: (general)/(U.S.)
Doctrines governing trusts
Pour-over will  · Cy-près doctrine
Estate Administration
Intestacy  · Testator  · Probate
Power of appointment
Simultaneous death  · Slayer rule
Disclaimer of interest
Other related topics
Living Wills (advance directives)
Totten trust
Other areas of the Common Law
Contract law  · Tort law  · Property law
Criminal law  · Evidence

The Uniform Probate Code (commonly abbreviated UPC) is a uniform act drafted by National Conference of Commissioners on Uniform State Laws (NCCUSL) governing inheritance and the decedents' estates in the USA. The primary purposes of the act were to streamline the probate process and to standardize and modernize the various state laws governing wills, trusts, and intestacy.

Contents

[edit] History of the Uniform Probate Code

The original UPC was drafted in 1969 as a joint project between NCCUSL and the Real Property, Probate and Trust Law Section of the American Bar Association. It has been revised several times, most recently in 2006.[1]

[edit] Adoption by the states

Although the UPC was intended for adoption by all 50 states, the original 1969 version of the code was adopted in its entirety by only sixteen states[2]: Alaska, Arizona, Colorado, Florida, Hawaii, Idaho, Maine, Michigan, Minnesota, Montana, Nebraska, New Mexico, North Dakota, South Carolina, South Dakota, and Utah. In any case, even among the adopting jurisdictions, there are variations from state to state, and some of them are significant. A person attempting to determine the law in a particular state should check the code as actually adopted in that jurisdiction and not rely on the text of the UPC as promulgated by NCCUSL. The remaining states have adopted various portions of the code in a piecemeal fashion. In general, the UPC has not been as successful a standardization of the law as the Uniform Commercial Code has been.

[edit] Basic outline of the Uniform Probate Code

The UPC has seven articles, each covering a different set of rules for this area of the law:

ART. TITLE CONTENTS
1 General Provisions, Definitions, and Probate Jurisdiction of Court Definitions; rules of interpretation; jurisdiction and venue
2 Intestacy, Wills, and Donative Transfers Intestate succession of property; procedures for making, interpretation, and revocation of wills (includes Statutory rule against perpetuities and Uniform Simultaneous Death Act)
3 Probate of Wills and Administration Procedural rules for the probate process
4 Foreign Personal Representatives and Ancillary Administration Rules governing personal representatives outside the decedent's domiciliary state
5 Protection of Persons under Disability and their Property Power of attorney and rules for guardianship of minors and incapacitated persons
6 Nonprobate Transfers on Death Rules governing nonprobate transfers, such as joint bank accounts, life insurance policies, and transfer-on-death (TOD) securities
7 Trust Administration Provisions governing management of trusts; fiduciary duties of trustees

[edit] Notes

  1. ^ Uniform Probate Code
  2. ^ Thomson West reports that only 16 states adopted the UPC in its form, while NCCUSL and LII report this number at 18.

[edit] External links