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2013 SESSION

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SB 757 No-contest clauses; limitations on penalty clause.

Introduced by: John S. Edwards | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED SENATE:

No-contest clauses; exceptions. Allows the beneficiary of a will or trust to institute an action to seek interpretation or enforcement of a provision of a will or trust without triggering the penalties of a no-contest clause. This bill does not eliminate the general utility of no-contest clauses to prevent unwarranted challenges or contests to the validity of a will or trust.

SUMMARY AS INTRODUCED:

No-contest clauses; exceptions. Allows the beneficiary of a will or trust to institute an action to seek interpretation or enforcement of a provision of a will or trust without triggering the penalties of a no-contest clause. This bill does not eliminate the general utility of no-contest clauses to prevent unwarranted challenges or contests to the validity of a will or trust.