Iowa Chapter 633A — Iowa Trust Code

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Iowa Code § 633A.1101— Short title
Iowa Code § 633A.1102— Definitions
Iowa Code § 633A.1103— Per stirpes rule of descent
Iowa Code § 633A.1104— Common law of trusts
Iowa Code § 633A.1105— Trust terms control
Iowa Code § 633A.1106— General rule concerning application of the Iowa trust code
Iowa Code § 633A.1107— Scope of trust code
Iowa Code § 633A.1108— Governing law
Iowa Code § 633A.1109— Methods of notice and document delivery — waiver
Iowa Code § 633A.2101— Methods of creating trusts
Iowa Code § 633A.2102— Requirements for validity
Iowa Code § 633A.2103— Statute of frauds
Iowa Code § 633A.2104— Trust purposes
Iowa Code § 633A.2105— Honorary trusts — trusts for pets
Iowa Code § 633A.2106— Resulting trusts
Iowa Code § 633A.2107— Constructive trusts
Iowa Code § 633A.2201— Termination of trust
Iowa Code § 633A.2202— Modification or termination by settlor and all beneficiaries
Iowa Code § 633A.2203— Termination of irrevocable trust or modification of dispositive provisions of irrevocable trust by court
Iowa Code § 633A.2204— Modification of administrative provisions by court for change of circumstances
Iowa Code § 633A.2205— Noncharitable trust with uneconomically low value
Iowa Code § 633A.2206— Reformation — tax objectives
Iowa Code § 633A.2207— Combination of trusts
Iowa Code § 633A.2208— Division of trusts
Iowa Code § 633A.2301— Rights of beneficiary, creditor, and assignee
Iowa Code § 633A.2302— Spendthrift protection recognized
Iowa Code § 633A.2303— Spendthrift trusts for the benefit of settlor
Iowa Code § 633A.2304— Amount reachable by creditors or transferees of settlor
Iowa Code § 633A.2305— Discretionary trusts — effect of standard
Iowa Code § 633A.2306— Court action — trustee’s discretion
Iowa Code § 633A.2307— Overdue mandatory distribution
Iowa Code § 633A.3101— Competency to create, revoke, or modify a revocable trust
Iowa Code § 633A.3102— Revocation or modification
Iowa Code § 633A.3103— Other rights of settlor
Iowa Code § 633A.3104— Claims against revocable trust
Iowa Code § 633A.3105— Rights of and claims against holder of general power of appointment
Iowa Code § 633A.3106— Children born or adopted after execution of a revocable trust
Iowa Code § 633A.3107— Effect of divorce or dissolution
Iowa Code § 633A.3108— Limitation on contest of revocable trust
Iowa Code § 633A.3109— Limitation on creditor rights against revocable trust assets after settlor’s death
Iowa Code § 633A.3110— Notice to creditors, heirs, and surviving spouse
Iowa Code § 633A.3111— Rights of trustee regarding claims in a probate administration
Iowa Code § 633A.3112— Trustee’s liability for distributions
Iowa Code § 633A.3113— Definitions — revocable trusts
Iowa Code § 633A.3114— Allowance to surviving spouse
Iowa Code § 633A.3115— Allowance to children who do not reside with surviving spouse
Iowa Code § 633A.4101— Acceptance or declination to serve as trustee
Iowa Code § 633A.4102— Trustee’s bond
Iowa Code § 633A.4103— Actions by cotrustees
Iowa Code § 633A.4104— Vacancy in office of trustee
Iowa Code § 633A.4105— Filling vacancy
Iowa Code § 633A.4106— Resignation of trustee
Iowa Code § 633A.4107— Removal of trustee
Iowa Code § 633A.4108— Delivery of property by former trustee
Iowa Code § 633A.4109— Compensation of trustee
Iowa Code § 633A.4110— Repayment for expenditures
Iowa Code § 633A.4111— Notice of increased trustee’s fee
Iowa Code § 633A.4201— Duty to administer trust — alteration by terms of trust
Iowa Code § 633A.4202— Duty of loyalty — impartiality — confidential relationship
Iowa Code § 633A.4203— Standard of prudence
Iowa Code § 633A.4204— Costs of administration
Iowa Code § 633A.4205— Special skills
Iowa Code § 633A.4206— Delegation
Iowa Code § 633A.4207— Directory powers
Iowa Code § 633A.4208— Cotrustees
Iowa Code § 633A.4209— Control and safeguarding of trust property
Iowa Code § 633A.4210— Separation and identification of trust property
Iowa Code § 633A.4211— Enforcement and defense of claims and actions
Iowa Code § 633A.4212— Prior fiduciaries
Iowa Code § 633A.4213— Duty to inform and account
Iowa Code § 633A.4214— Duties with regard to discretionary powers
Iowa Code § 633A.4215— Distributions in further trust
Iowa Code § 633A.4301— Short title
Iowa Code § 633A.4302— Standard of care — portfolio strategy — risk and return objectives
Iowa Code § 633A.4303— Diversification
Iowa Code § 633A.4304— Duties at inception of trusteeship
Iowa Code § 633A.4305— Loyalty
Iowa Code § 633A.4306— Impartiality
Iowa Code § 633A.4307— Investment costs
Iowa Code § 633A.4308— Reviewing compliance
Iowa Code § 633A.4309— Language invoking prudent investor rule
Iowa Code § 633A.4401— General powers — fiduciary duties
Iowa Code § 633A.4402— Specific powers of trustees
Iowa Code § 633A.4403— Trustee-written request and third-party protection
Iowa Code § 633A.4501— Violations of duties — breach of trust
Iowa Code § 633A.4502— Breach of trust — actions
Iowa Code § 633A.4503— Breach of trust — liability
Iowa Code § 633A.4504— Limitation of action against trustee
Iowa Code § 633A.4505— Exculpation of trustee
Iowa Code § 633A.4506— Beneficiary’s consent, release, or affirmance — nonliability of trustee
Iowa Code § 633A.4507— Attorney fees and costs
Iowa Code § 633A.4601— Personal liability — limitations
Iowa Code § 633A.4602— Dissenting cotrustees
Iowa Code § 633A.4603— Obligations of third parties
Iowa Code § 633A.4604— Certification of trust
Iowa Code § 633A.4605— Liability for wrongful taking, concealing, or disposing of trust property
Iowa Code § 633A.4606— Interest as general partner
Iowa Code § 633A.4701— Survivorship with respect to future interests under terms of trust — substitute takers
Iowa Code § 633A.4702— Discretionary language prevails over other standard
Iowa Code § 633A.4703— General order for abatement
Iowa Code § 633A.4704— Simultaneous death
Iowa Code § 633A.4705— Principal and income
Iowa Code § 633A.4706— Small distributions to minors — payment
Iowa Code § 633A.4707— Person causing death
Iowa Code § 633A.4801— Governing instrument may provide trust director or trust protector with powers and immunities of trustee
Iowa Code § 633A.4802— Liability limits of excluded fiduciary
Iowa Code § 633A.4803— Death of settlor
Iowa Code § 633A.4804— Excluded fiduciary’s liability for loss if trust protector appointed
Iowa Code § 633A.4805— Powers of trust protector
Iowa Code § 633A.4806— Submission to court jurisdiction — effect on trust director or trust protector
Iowa Code § 633A.4807— Powers of trust protector incorporated by reference in will or trust instrument
Iowa Code § 633A.4808— Investment trust director or distribution trust director provided for in trust instrument
Iowa Code § 633A.4809— Powers of investment trust director
Iowa Code § 633A.4810— Powers of distribution trust director
Iowa Code § 633A.5101— Charitable purposes
Iowa Code § 633A.5102— Application of cy pres
Iowa Code § 633A.5103— Trust with uneconomically low value
Iowa Code § 633A.5104— Interested persons — proceedings
Iowa Code § 633A.5105— Charitable trusts
Iowa Code § 633A.5106— Settlor — enforcement of charitable trust — designation
Iowa Code § 633A.5107— Filing requirements
Iowa Code § 633A.5108— Role of the attorney general
Iowa Code § 633A.6101— Subject matter jurisdiction
Iowa Code § 633A.6102— Principal place of administration of trust
Iowa Code § 633A.6103— Jurisdiction over trustees and beneficiaries
Iowa Code § 633A.6104— County of venue
Iowa Code § 633A.6105— Transfer of jurisdiction
Iowa Code § 633A.6201— Judicial intervention intermittent
Iowa Code § 633A.6202— Petitions — purposes of proceedings
Iowa Code § 633A.6301— Definition and applicability
Iowa Code § 633A.6302— Representation by holders of powers
Iowa Code § 633A.6303— Representation by fiduciaries and parents
Iowa Code § 633A.6304— Representation by holders of similar interests
Iowa Code § 633A.6305— Notice of judicial settlement
Iowa Code § 633A.6306— Appointment of guardian ad litem
Iowa Code § 633A.6307— Appointment of special representative
Iowa Code § 633A.6308— Nonjudicial settlement agreements