Do you lie awake at night with burning questions about the proper allocation of trust receipts and disbursements between income and principal? This session is for you.

Colorado is among 8 states that have now enacted the new Uniform Fiduciary Income and Principal Act (UFIPA). UFIPA was intended to update and modernize accounting rules for trusts. Our three presenters worked on the subcommittee that studied UFIPA prior to recommending its adoption in Colorado.  

Topics covered will include:

- Overview of key dates and developments in the history of UFIPA and of its predecessor, the Uniform Principal and Income Act, in Colorado

- General overview of UFIPA’s rules for allocating receipts and disbursements

- Specific topics (with examples!): Unitrust conversions, oil and gas revenues, and more

- Traps for the unwary

CLE CREDITS: This program has been submitted for 1 General CLE Credit.

The program is accredited in Colorado. CBA-CLE staff can provide a Uniform Certificate of Attendance, and it is the attendee's responsibility to complete the accreditation outside of Colorado.

CBA-CLE will email webinar access information 24-48 hours before the program.

Home studies will be available 2-3 weeks following the live program.

CBA-CLE is committed to providing access, equal opportunity, and reasonable accommodation in its services, programs, and employment. To request an accommodation please contact [email protected] at least 14 business days in advance.