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2000 SESSION

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HB 527 Property transfers to and from revocable trusts.

Introduced by: William J. Howell | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Property transfers to and from revocable trusts. Exempts transfers of motor vehicles, watercraft and aircraft to revocable trusts from transfer taxes when there is no change in beneficial interest. The bill also exempts from the recordation tax the transfer of real property from the trust after the settlor's death to any beneficiary, as is the case with transfers under a will.


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