Skip to main content

SB 52 (2025)

Regulate replacement of trustees and actions of beneficiaries

Summary:

Prevents a beneficiary of a trust from removing a trustee or fiduciary and replacing them with a relative or subordinate. This bill also expands the scope of whom may be considered a trustee, and repeals limitations imposed on certain trustees who are also beneficiaries.

Bill Sponsor:
Daniel Innis
Republican party logo
Status:
SENATE
Public Hearing Date:
01/23/2025 09:50 am
Public Hearing Location:
SH Room 100
Thank you to our sponsors and donors