Changes To Trustee Reporting Requirements Under The Arizona Trust Code

If you are currently or soon may be serving as the trustee of an irrevocable trust you should be aware that the Arizona Trust Code (ATC), which became effective January 1, 2009, imposes certain new obligations on trustees of irrevocable trusts. Prior to January 1, 2009, ARS §14-7303 required the trustee to provide beneficiaries [...]