Trusts in Missouri

Overview

Missouri has adopted its own version of the Uniform Trust Code. [1]

Certifications of Trust

See Certifications of Trust in Missouri

Delegation of Fiduciary Duty

A fiduciary duty as trustee may be delegated in Missouri, but careful attention should be paid the documents being used (POA, Trust, etc.) and the language of the statute. The standard is the Prudent Investor Standard.

Self-Dealing

There is no specific statutory provision regarding self-dealing in Missouri, but it always good practice to get the beneficiaries to sign off on any transaction that involves possible self-dealing by the trustee.

Cross-References

• Missouri
• Trusts