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2016 SESSION

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HB 230 Trusts; a circuit court may create and establish upon petition of an interested party.

Introduced by: J. Randall Minchew | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED HOUSE:

Judicial creation of trusts. Clarifies that a circuit court may create and establish a trust upon petition of an interested party. The bill states that its provisions are declarative of existing law.

SUMMARY AS INTRODUCED:

Judicial creation of trusts. Clarifies that a circuit court may establish a trust upon petition of an interested party. The bill states that its provisions are declarative of existing law.