The article opens with the drafting history of the Code and the considerations that shaped its principal provisions on trustee duties and beneficiary rights.
Part I surveys the state enactments. The pattern is one of substantial adoption with material local variation, particularly in the provisions on spendthrift trusts, modification, and decanting.
Part II addresses the unsettled doctrinal questions: the standard for trustee removal, the interaction of the Code with the law of agency, and the treatment of directed trustees.
Part III closes with a note on the prospective revision of the Code and the institutional process by which uniform acts are kept current to the practice that has grown up around them.
