If you are a beneficiary or trustee of a Pennsylvania trust, you may have rights or responsibilities under Pennsylvania’s new Uniform Trust Act (the Act).  Under the Act, a trustee is now required to provide information to certain trust beneficiaries even if they do not request it.  If you are a trustee of a trust, and the settlor of that trust died or became incapacitated before Nov. 6, 2006, you may need to provide notices required by the Act to certain beneficiaries of the trust no later than Nov. 6, 2008.  If the settlor of the trust died or became incapacitated after Nov. 6, 2006, you may need to provide certain notices required by the Act within 30 days of the settlor’s death or incapacity, a change in trusteeship or the addition of a new beneficiary.

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Source: Pennsylvania Trusts Alert
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