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2013 SESSION

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SB 711 Testamentary trustees; relief of duty to file an inventory or annual accounts.

Introduced by: Richard H. Stuart | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Testamentary trustees; relief of duty to file an inventory or annual accounts. Provides that any trustee under a will of a decedent, whenever probated, shall be relieved of the duty to file an inventory or annual accounts with the commissioner of accounts if the will does not direct the filing of such inventory or accounts and the trustee (i) obtains the written consent of all adult beneficiaries and the consent of all incapacitated beneficiaries and (ii) files those consents with the commissioner on or before the date on which the inventory or next required accounting would otherwise be due. Currently, this relief is only available for trustees of wills probated on or after July 1, 2010.

FULL TEXT

• 11/28/12  Senate: Prefiled and ordered printed; offered 01/09/13 13100839D  pdf

HISTORY

• 11/28/12  Senate: Prefiled and ordered printed; offered 01/09/13 13100839D
• 11/28/12  Senate: Referred to Committee for Courts of Justice
• 01/14/13  Senate: Failed to report (defeated) in Courts of Justice (2-Y 12-N 1-A)