Current as of November 2026. General information, not legal or tax advice.
Kansas adopted the Uniform Trust Code as Chapter 58a of the Kansas Statutes, effective January 1, 2003. It narrowed who receives the annual report, added an investment-return disclosure on request, and set a short outer limitation period of two years.
Who must provide an accounting in Kansas
Section 58a-813 requires the trustee to keep the qualified beneficiaries reasonably informed about the administration and the material facts they need to protect their interests, and to respond promptly to a qualified beneficiary's request for information unless that would be unreasonable.
Unless the trust terms provide otherwise, the trustee, on request, furnishes a qualified beneficiary the portions of the trust instrument relating to that beneficiary's interest, or the whole instrument if specifically requested. Within 60 days after accepting a trusteeship, the trustee notifies the qualified beneficiaries of the acceptance and of the trustee's name, address and telephone number. Within 60 days after learning that an irrevocable trust has been created, or that a revocable trust has become irrevocable, the trustee tells them of the trust's existence, the settlor's identity, their right to request relevant portions of the trust instrument, and their right to a trust report. The trustee also gives advance notice of any change in compensation.
At least annually, the trustee sends a trust report for the most recent fiscal year to each qualified beneficiary who actually received a distribution during that year, other than a beneficiary who received a specific bequest. Any other qualified beneficiary who would have been eligible for a distribution may request a copy. At termination, the trustee sends a report to each qualified beneficiary entitled to a distribution, other than specific bequests. A qualified beneficiary may waive reports and later withdraw the waiver.
The section does not apply to qualified beneficiaries other than a surviving spouse while the surviving spouse is a qualified beneficiary or holds a power of appointment over the entire trust estate and all other qualified beneficiaries are the spouse's issue.
What a Kansas trust accounting must contain
The trust report lists the trust assets with market values if feasible, liabilities, receipts and disbursements, and the source and amount of the trustee's compensation. If requested, it also states the trust's investment rate of return and whether the method used to calculate it complies with the standards of the Association for Investment Management and Research. A termination report need only cover receipts and disbursements from the date of the event that caused the termination.
When a Kansas accounting is contested
Section 58a-1005 bars a proceeding for breach of trust more than one year after the beneficiary was sent a report that adequately disclosed the potential claim and told the beneficiary how long they had to bring it. A report discloses adequately if it gives enough information that the beneficiary knows of the claim or should have inquired into it. Otherwise, the outer limit is two years from the first of the trustee's removal, resignation or death, the end of the beneficiary's interest, or the end of the trust.
How T.E.A. Fiduciary helps
We prepare Kansas annual and termination trust reports under section 58a-813, including the investment return calculation when a beneficiary requests it, with the disclosure and deadline notice that start the section 58a-1005 one-year period. We work alongside your attorney and your tax preparer; we do not prepare tax returns.
This page provides general information about Kansas fiduciary accounting requirements and is not legal or tax advice. Statutes and court rules change. Verify the current text before relying on any of it, and consult counsel on questions of legal interpretation.
More: the uniform framework · all state pages · our services
Primary source: Kansas Statutes Chapter 58a (Kansas Uniform Trust Code), Kansas Revisor of Statutes.
Written by Christina Gutman, C.P.A. — Founder and Principal of T.E.A. Fiduciary. Christina is licensed as a Certified Public Accountant by the State of California and has specialized exclusively in fiduciary accounting for over a decade, preparing trust, estate, and conservatorship accountings for law firms, professional fiduciaries, trust companies, family offices, and individual trustees nationwide. She has also served as a forensic consultant in contested accounting matters. More about Christina
