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 … [Read more...] about Various trust and probate issues
Probate
2019 Legislative Session Digest
This is the final installment of the Legislative Update for the 2019 legislative session. This installment contains summaries of select bills of interest or portions of bills that were signed into law in the 2019 legislative session. Civil Anatomical gifts and individuals with disabilities (S.E.A. 112, P.L. 2) Fertility fraud and deception (S.E.A. 174, P.L. 215) Nonconsensual … [Read more...] about 2019 Legislative Session Digest
Accounting by attorney in fact
S.E.A. 223, P.L. 151 Effective: July 1, 2019 Provides that an attorney in fact is required to render and deliver a written accounting if requested by a person who jointly owns an account with the principal. Provides that an attorney in fact may not render and deliver an accounting to the child of the principal, if a court has determined that the rendering and delivery of an … [Read more...] about Accounting by attorney in fact
Various trust matters
S.E.A. 265, P.L. 221 Effective: July 1, 2019 Defines "designated representative", "judicial proceeding", and "nonjudicial matter" for purposes of the trust code. Authorizes the establishment of legacy trusts. Prescribes the procedures for establishing a legacy trust and requirements for claims under a legacy trust. Provides that a court shall exercise jurisdiction over a legacy … [Read more...] about Various trust matters
Supported decision making
S.E.A. 380, P.L. 68 Effective: July 1, 2019 Requires that a person who files a petition for the appointment of a guardian for an incapacitated person or minor must inform the court what less restrictive alternatives were considered or implemented and, if less restrictive alternatives were not considered or implemented, the reason for the failure to consider or implement less … [Read more...] about Supported decision making