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Illusory agreement.

Utah Code § 75B-1-305
in effect
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75B-1-305. Illusory agreement. An agreement or understanding, express or implied, between a settlor and a trustee of an asset protection trust is void if that agreement or understanding attempts to grant or permit the retention by the settlor of greater rights or authority than is stated in the trust instrument. Enacted by Chapter 338, 2025 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title75B/Chapter1/75B-1-S305.html?v=C75B-1-S305_2025050720250507Fetched: 10/26/2026

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