HB-1948: Relating to the administration and operation of certain trusts created to provide for the general care and maintenance of perpetual care cemeteries.
Sponsored by: Sen. Bryan Hughes
Effective On 9/1/17 on 06/15/2017
You have voted HB-1948: Relating to the administration and operation of certain trusts created to provide for the general care and maintenance of perpetual care cemeteries..
HB-1298: As introduced, authorizes trustees of revocable trusts to publish notice of a settlor's death to creditors if letters testamentary or of administration have not been issued to a personal representative and the representative's corresponding notice requirements to creditors have not been discharged. - Amends TCA Title 30 and Title 35.
Sponsored by: Rep. Martin Daniel
Sponsor Change. on 02/15/2017
You have voted HB-1298: As introduced, authorizes trustees of revocable trusts to publish notice of a settlor's death to creditors if letters testamentary or of administration have not been issued to a personal representative and the representative's corresponding notice requirements to creditors have not been discharged. - Amends TCA Title 30 and Title 35..
SB-427: As introduced, authorizes trustees of revocable trusts to publish notice of a settlor's death to creditors if letters testamentary or of administration have not been issued to a personal representative and the representative's corresponding notice requirements to creditors have not been discharged. - Amends TCA Title 30 and Title 35.
Sponsored by: Sen. John Stevens
Passed On Second Consideration, Refer To Senate Judiciary Committee on 02/09/2017
You have voted SB-427: As introduced, authorizes trustees of revocable trusts to publish notice of a settlor's death to creditors if letters testamentary or of administration have not been issued to a personal representative and the representative's corresponding notice requirements to creditors have not been discharged. - Amends TCA Title 30 and Title 35..
Uniform Trust Decanting Act; creation. [SB-913]
Uniform Trust Decanting Act; creation. Codifies the Uniform Trust Decanting Act, which governs a trustee's ability to distribute assets from one trust into a second trust.
SB-913: Uniform Trust Decanting Act; creation.
Sponsored by: Sen. John Edwards
Governor: Acts Of Assembly Chapter Text (chap0592) on 03/16/2017
Self-settled spendthrift trusts; certain legal entities to act as qualified trustee. [HB-1448]
Qualified trustee of self-settled spendthrift trusts. Allows any legal entity authorized by law to act as a trustee to serve as a qualified trustee of a self-settled spendthrift trust. Under current law, only a natural person who resides in the Commonwealth or a legal entity authorized to engage in trust business (i.e., a bank or trust company) may serve as a qualified trustee. The bill would expand the definition of "independent qualified trustee" and "qualified trustee" to include entities such as law firms and charitable organizations, when such
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HB-1448: Self-settled spendthrift trusts; certain legal entities to act as qualified trustee.
Sponsored by: Rep. Jason Miyares
Passed By Indefinitely In Courts Of Justice (11-y 3-n 1-a) on 02/15/2017