Internal Revenue Code: Federal tax legislation governing trust taxation (Sections 641-685), including generation-skipping transfer tax, gift tax implications, and estate tax considerations

Uniform Trust Code: Model law adopted by majority of states that provides the fundamental framework for trust administration and defines trustee duties and powers

State Trust Laws: State-specific statutes governing trust formation, validity, trustee requirements, and administration rules that vary by jurisdiction

Rule Against Perpetuities: State-specific rule that limits the duration of trusts, though some states have modified or abolished it

Prudent Investor Rules: Legal standards for trustees regarding investment decisions and risk management requirements in trust administration

State Tax Laws: State-specific regulations regarding income tax treatment of trusts and state estate tax implications

Securities Laws: Federal and state regulations governing investment securities if the trust involves investment portfolios

Property Laws: State-specific laws governing real and personal property ownership, transfer, and management within trusts

Banking Regulations: Federal and state banking laws applicable when a financial institution serves as trustee

State Registration Requirements: Jurisdiction-specific rules regarding trust registration, reporting, and compliance obligations