Comparison of Uniform Trust Code, DC Trust Code, Maryland Trust Act, and Virginia Trust Code, with Annotations
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The UTC has no provision regarding how trust property is to be titled. DC §19-1304.18 provides that property that is transferred to a trust may be titled in the name of (1) the trust by reference to the instrument creating the trust, (2) the current trustee as the trustee of such trust or (3) “the trustee” as the trustee of such trust. The purpose of this provision is to avoid title problems, especially with regard to real property.
The UTC has no provision regarding how trust property is to be titled. DC §19-1304.18 provides that property that is transferred to a trust may be titled in the name of (1) the trust by reference to the instrument creating the trust, (2) the current trustee as the trustee of such trust or (3) “the trustee” as the trustee of such trust. The purpose of this provision is to avoid title problems, especially with regard to real property.
Real or personal property that is transferred to a trust may be titled in the name of:
(1) The trust by reference to the instrument creating the trust;
(2) The current trustee as the trustee of such trust; or
(3) "The trustee" as the trustee of such trust.
