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2024 SESSION
SB 102 Wills and trusts; tangible personal property, nonexoneration.
Introduced by: Glen H. Sturtevant, Jr. (by request) | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Wills and trusts; tangible personal property; nonexoneration. Provides that if a trust instrument that was revocable, as defined in relevant law, immediately before the settlor's death refers to a written statement or list of items of tangible personal property and their intended recipients with reasonable certainty and is signed by the settlor, such written statement or list shall be given the effect of a specific bequest although it does not satisfy the requirements for a trust instrument. The bill also provides that real or personal property that is the subject of a specific devise or bequest in a trust instrument that was revocable immediately before the settlor's death shall be passed without the right of exoneration. Under current law, the provisions that govern separate writing identifying recipients of tangible personal property apply only to wills, and the provisions that govern the nonexoneration of a specific devise or bequest of real or personal property apply only to wills and transfer on death deeds.
FULL TEXT
- 01/03/24 Senate: Prefiled and ordered printed; offered 01/10/24 24102489D pdf
- 03/04/24 Senate: Bill text as passed Senate and House (SB102ER) pdf
- 04/05/24 Governor: Acts of Assembly Chapter text (CHAP0576) pdf
HISTORY
- 01/03/24 Senate: Prefiled and ordered printed; offered 01/10/24 24102489D
- 01/03/24 Senate: Referred to Committee for Courts of Justice
- 01/10/24 Senate: Moved from Judiciary to Courts of Justice due to a change of the committee name
- 02/12/24 Senate: Reported from Courts of Justice (11-Y 0-N)
- 02/13/24 Senate: Read second time and engrossed
- 02/13/24 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/13/24 Senate: Passed Senate (40-Y 0-N)
- 02/13/24 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/15/24 House: Placed on Calendar
- 02/15/24 House: Read first time
- 02/15/24 House: Referred to Committee for Courts of Justice
- 02/15/24 House: Assigned Courts sub: Civil
- 02/16/24 House: Subcommittee recommends reporting (8-Y 0-N)
- 02/23/24 House: Reported from Courts of Justice (20-Y 0-N)
- 02/27/24 House: Read second time
- 02/28/24 House: Read third time
- 02/28/24 House: Passed House BLOCK VOTE (97-Y 0-N)
- 02/28/24 House: VOTE: Block Vote Passage (97-Y 0-N)
- 03/04/24 Senate: Enrolled
- 03/04/24 Senate: Bill text as passed Senate and House (SB102ER)
- 03/04/24 House: Signed by Speaker
- 03/07/24 Senate: Signed by President
- 03/11/24 Senate: Enrolled Bill Communicated to Governor on March 11, 2024
- 03/11/24 Governor: Governor's Action Deadline 11:59 p.m., April 8, 2024
- 04/05/24 Governor: Approved by Governor-Chapter 576 (effective 7/1/24)
- 04/05/24 Governor: Acts of Assembly Chapter text (CHAP0576)