Various trust and probate issues

The Senate Judiciary Committee heard Sen. Freeman’s SB 50 on various trust and probate issues for amend and vote.  The bill makes various changes to trust and probate laws concerning proof of title affidavits, small estate affidavits, execution of a trust by a third party, silent trusts, nonjudicial settlements of accounts, and legacy trusts.  The bill was amended by consent to make various changes to the proof of title affidavit provisions and a technical correction.  The bill passed 8-0.

Read the bill at: http://iga.in.gov/legislative/2020/bills/senate/50