Current as of November 2026. General information, not legal or tax advice.
Utah's trust statutes have new numbers. A 2024 and 2025 recodification moved the Utah Uniform Trust Code from Title 75, Chapter 7 into Title 75B, and the Uniform Fiduciary Income and Principal Act from Title 22 into Title 75A. The substance carried over. What sets Utah apart is how quickly an adequate report closes off claims: six months.
Who must provide an accounting in Utah
Section 75B-2-811, formerly section 75-7-811, sets the duty. Unless the trust terms provide otherwise, the trustee must keep the qualified beneficiaries reasonably informed about the administration and the material facts they need to protect their interests, and promptly respond to their requests for information.
Within sixty days after accepting the trusteeship, the trustee must notify the qualified beneficiaries of the acceptance and of the trustee's name, address and telephone number. Within sixty days after learning that an irrevocable trust has been created, or that a revocable trust has become irrevocable, the trustee must tell them of the trust's existence, the settlor's identity, their right to request a copy of the instrument, and their right to a trustee's report. The trustee must also give advance notice of any change in the method or rate of compensation.
Qualified beneficiaries who request it are entitled to a report at least annually and at termination. Utah's version opens most of these duties with "unless the terms of the trust provide otherwise," so the instrument can shape them. A beneficiary may waive reports and later withdraw the waiver.
What a Utah trust accounting must contain
The report covers the trust property, liabilities, receipts and disbursements, including the trustee's compensation, or a fee schedule or other writing showing how it was determined, together with a listing of the trust assets and, if feasible, their market values. When a trusteeship becomes vacant and no cotrustee remains, the former trustee sends a report unless the terms provide otherwise. A personal representative, conservator or guardian may send it for a trustee who has died or become incapacitated.
Income and principal allocation in Utah
Utah was an early adopter of the 2018 Uniform Fiduciary Income and Principal Act, enacting it in 2019 with an effective date of July 1, 2020. Following the recodification, it now sits in Title 75A, Chapter 5. That puts Utah on the same footing as California and Florida, and ahead of states such as Hawaii, Oregon and Delaware, which remain on the earlier uniform act. A Utah account allocates under UFIPA, including its unitrust provisions.
Filing an accounting with the Utah court
Section 75B-2-201 gives the court exclusive jurisdiction over proceedings an interested party brings concerning a trust's internal affairs, including to review and settle interim or final accounts and to instruct trustees. A proceeding does not create continuing supervision. Trusts are administered under their terms without court orders unless someone invokes the court's jurisdiction.
For estates, the personal representative brings the final account before the court through a petition for complete settlement under section 75-3-1001, which may ask the court to consider the final account or to approve an accounting and distribution. The personal representative may file at any time; other interested persons must wait a year from the original appointment.
When a Utah accounting is contested
Section 75B-2-1005 is short and strict. A beneficiary may not bring a proceeding for breach of trust more than six months after being sent a report that adequately disclosed the existence of a potential claim. A report is adequate if it gives enough information that the beneficiary knows of the claim or should have inquired into its existence.
Where no such report was sent, the beneficiary must bring the proceeding within one year after the first of the trustee's removal, resignation or death, the end of the beneficiary's interest, or the end of the trust. The section does not bar an action to recover for fraud or misrepresentation related to the report.
Six months is half the period most Uniform Trust Code states allow. The window runs only from an adequate report, and a vague one does not start it.
How T.E.A. Fiduciary helps
We prepare Utah trust reports to the section 75B-2-811 specification, with income and principal allocated under UFIPA and disclosure built to start the section 75B-2-1005 period. We work alongside your attorney and your tax preparer; we do not prepare tax returns.
This page provides general information about Utah 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: Utah Code Title 75B, Chapter 2, Utah State Legislature.
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
