Probate and trust matters

The Senate Judiciary Committee heard HB 1407, sponsored by Sen. Bray and Sen Koch, on probate and trust matters. The bill makes various changes to probate and trust laws concerning contesting of wills, the size of unsupervised estates, authorization of certain acts by a … [Read more...]

Probate and trust matters

The House Judiciary Committee heard Rep. Washburne’s HB 1407 which makes various changes to probate and trust matters concerning contesting of wills, the size of unsupervised estates, authorization of certain acts by a trustee, the consideration of the requests of de … [Read more...]

Various probate and trust matters

S.E.A. 355, P.L. 81-2015 Effective: July 1, 2015 Provides that a trust may incorporate by reference a document that exists at the time the trust is executed. Specifies that funeral expenses and expenses of a tombstone are expenses of administration. Expands the … [Read more...]

Various probate and trust matters

The House Judiciary Committee heard SB 355 concerning various probate and trust matters sponsored by Rep. Koch.  Author Sen. Steele introduced an amendment concerning attorneys in fact which was adopted by consent.  As amended, the bill provides that a trust may … [Read more...]

Various probate and trust matters

The Senate Civil Law Committee heard Sen. Steele’s SB 355 on various probate and trust matters. This bill provides that a trust may incorporate by reference a document that exists at the time the trust is executed. It also specifies that funeral expenses and expenses of … [Read more...]

Legacy trust

The Senate Civil Law Committee heard SB 56, authored by Sen. Steele and Sen. Bray, on authorizing the establishment of legacy trust and prescribing the procedures for establishing one. This bill provides that a protective provision in a legacy trust prevents a creditor … [Read more...]

Legacy trusts

The Civil Law Committee heard SB 56 authorizing legacy trusts authored by Sens. Steele and Bray. The bill establishes procedures for creating a legacy trust that protects the transferor’s assets from creditors while allowing the transferor to retain an interest in the … [Read more...]