Policy and Research | Past Study Groups

Trust Laws Study Goup

James G. Houston III
Watkins & Eager PLLC

James R. Young
Wells Marble & Hurst PLLC

The Trust Laws Study Group was created in the summer of 2009 by the Secretary
of State’s Office to consider needed changes to Mississippi’s trust laws. After
meeting throughout the year, the Group recommended the adoption of the Uniform
Prudent Management of Institutional Funds Act, the Uniform Principal and Income
Act, several chapters of the Uniform Trust code, a statute recognizing self-settled
spendthrift trusts, a proposed law allowing for so-called "dynasty" trusts, and a
statute providing for virtural representation in legal proceedings involving trusts.

While these recommendations were not adopted by the Legislature during the 2010
Session, the Secretary of State's Office will ask the Legislature to consider key
portions of the Group's recommendations in the 2011 Session.

Trust Laws Study Group Meeting # 1 (July 22, 2009)

Trust Laws Study Group Meeting # 2 (August 25, 2009)

Trust Laws Study Group Meeting # 3 (October 1, 2009)