Current Developments in Estate Planning and Business Law: 2019 Highlights
By WealthCounsel Staff on Dec 13, 2019 10:00:00 AM
.png?width=724&name=monthly-recap%20(1).png)
From sweeping legislative changes to decisive judicial decisions—we’ve seen some impactful developments in estate planning and business law this year. To ensure that you close out the year successfully, we’ve highlighted six noteworthy developments of 2019 and analyzed how they may impact your law practice.
A Newly Adopted Trust Code
By Jill Roamer, JD, CIPP/US on Dec 12, 2019 10:53:00 AM

The Uniform Law Commission (ULC) has been around for more than a century. The non-profit has commissioners from each state that promulgate uniform laws for states to ruminate and adopt. The goal of the UTC is to promote the uniformity of laws across the U.S. A model act is one that doesn’t necessarily need to be adopted in its entirety; the purpose of the act can be achieved even if only parts of the act are adopted. A uniform act is one that tries to establish the same directive on a particular topic across the various jurisdictions. Even if the goal of a uniform act is adoption in its entirety, many states still add their own changes and nuances upon adoption.

