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Senate Bill 0113


Senate Bill 0113

ARCHIVE (2000)

Latest Information

 

DIGEST OF INTRODUCED BILL


Various probate and trust matters. Increases the surviving spouse allowance and makes other changes with regard to the surviving spouse allowance. Specifies that: (1) an order binding the guardian of an estate binds the protected person if there is no conflict of interest between them; and (2) an order binding a guardian of the person binds the ward if a guardian of the ward's estate has not been appointed. Removes ambiguous language. Increases the amount of property or debt owed to a minor that may be delivered to a person having the care and custody of the minor without a bond, the appointment of a guardian, or a court order. Expands the ability of a trustee to invest in life insurance contracts. Eliminates the actual notice and the hearing requirements in a supervised estate when all persons entitled to share in the final distribution of the estate waive notice and consent to the final account and distribution. Changes various notice requirements. Changes various probate deadlines and periods. (The introduced version of this bill was prepared by the probate code study commission.)
    Current Status:
     In Committee - first House
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