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2001 SESSION
HB 2128 Letter of instruction or memorandum into a will.
Introduced by: Roger J. McClure | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED:
Incorporation by reference; letter of instruction or memorandum into a will, power of attorney or trust instrument. Allows the following to be incorporated by reference: (i) a letter or memorandum to the fiduciary or agent as to the interpretation of discretionary powers of distribution to beneficiaries where the will, power of attorney or trust instrument provides the fiduciary or agent the power to make distributions in the discretion of the fiduciary or agent; and (ii) a letter or memorandum stating the views or directions of the maker of the will, power of attorney or trust instrument as to the exercise of discretion by the fiduciary or agent in making health care decisions for the maker.
SUMMARY AS PASSED HOUSE:
Incorporation by reference; letter of instruction or memorandum into a will, power of attorney or trust instrument. Allows the following to be incorporated by reference: 1. A letter or memorandum to the fiduciary or agent as to the interpretation of discretionary powers of distributions to beneficiaries where the will, power of attorney or trust instrument provides the fiduciary or agent the power to make distributions in the discretion of the fiduciary or agent; and 2. A letter or memorandum stating the views or directions of the maker of the will, power of attorney or trust instrument as to the exercise of discretion by the fiduciary or agent in making health care decisions for the maker.
SUMMARY AS INTRODUCED:
Incorporation by reference; letter of instruction or memorandum into a will, power of attorney or trust instrument. Allows the following to be incorporated by reference: 1. A letter or memorandum to the fiduciary or agent as to the interpretation of discretionary powers of distributions to beneficiaries where the will, power of attorney or trust instrument provides the fiduciary or agent the power to make distributions in the discretion of the fiduciary or agent; and 2. A letter or memorandum stating the views or directions of the maker of the will, power of attorney or trust instrument as to the exercise of discretion by the fiduciary or agent in making health care decisions for the maker.