Missouri Code of State Regulations Title 21 - MISSOURI FAMILY TRUST
Here’s an overview of Title 21 of the Missouri Code of State Regulations (CSR)—known as the Missouri Family Trust:
📘 Title 21 – Division 10: Director & Board of Trustees
Covers Chapters 1–4, all under the oversight of the Missouri Family Trust Board of Trustees (sos.mo.gov, sos.mo.gov).
Chapter 1 – General Organization
Establishes the Missouri Family Trust in 1989 as a not‑for‑profit instrumentality governed by a Board of Trustees and managed by an Executive Director .
Defines key terms (e.g., “donor,” “co‑trustee,” “life beneficiary,” “trust account”) and sets requirements for board meetings (minimum four per fiscal year, etc.) (sos.mo.gov).
Chapter 2 – Missouri Family Trust
Original rule § 21 CSR 10‑2.010 (rescinded April 30, 2012) defined terms/conditions like:
Minimum donation ($500) to open an account, with subsequent increments of at least $100.
Trustee holds separate account per beneficiary; beneficiary cannot transfer or encumber trust funds.
Annual agreements on use of funds; options for donor, co‑trustee revocation.
Upon certain withdrawals, successor trust options (sos.mo.gov).
Chapter 3 – Charitable Trust
Governs charitable trust aspects under the broader Family Trust; outlines its purpose, permissible beneficiaries (e.g., individuals with disabilities), investment powers, benefit provisions, and dissolution procedures .
Chapter 4 – Fees
Specifies administrative and asset‑based fee structure for family and charitable trust accounts, including:
Family Trust: $4/month administrative fee + tiered asset fees (.6% on first $50K, .5% next $450K, .4% thereafter) + 8% income fee; plus distribution charges ($1/check after the first per month); total fees capped at net annual income (sos.mo.gov).
Charitable Trust: 1% of assets annually + 10% of income; $250 minimum, deducted quarterly (sos.mo.gov).
🔄 Updates & Rescissions
Chapter 2 terms and conditions rule (§ 10‑2.010) was rescinded April 30, 2012—since then, terms likely derive directly from board‑adopted policies or statutory provisions (law.cornell.edu).
Archived editions reflect past versions, like 2005 and 2012 releases .
✅ Summary Table
| Chapter | Focus Area | Key Elements |
|---|---|---|
| 1 | Organization & Terms | Trust setup; trustee authority; definitions; meetings |
| 2 | Family Trust Terms | Account setup, contributions, revocation, successor trust provisions |
| 3 | Charitable Trust Rules | Use of funds, beneficiaries, investment, distribution, dissolution |
| 4 | Fees | Fee schedule for family and charitable trust accounts |
📝 What’s Next
If you need:
The current, full text of any chapter (especially post‑2012 updates) – you can view it on the .sos.mo.gov site under CSR Title 21.
Help understanding statutory authority (e.g. RSMo §§ 402.199–.225) referenced throughout.
Interpretations regarding eligibility, contributions, fees, or trust governance.
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