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Ch. 154Probate, Trusts, and Fiduciaries679CHAPTER 154___
PROBATE, TRUSTS, AND FIDUCIARIES
___
HOUSE BILL 241248
BY REPRESENTATIVE(S) Snyder and Super, Bird, Clifford, Frill, Lieder, Lindsay, Marshall,
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Who needs ch 154 probate trusts?
01
Individuals who are seeking to establish a trust as part of their estate planning process.
02
Family members or beneficiaries who are named in a trust and need to fulfill probate requirements.
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What is ch 154 probate trusts?
Ch 154 probate trusts refer to a specific section of probate law that outlines the administration and management of trusts that are probated under certain conditions, often related to estate planning.
Who is required to file ch 154 probate trusts?
Typically, executors or personal representatives of an estate that includes a probate trust are required to file ch 154 probate trusts.
How to fill out ch 154 probate trusts?
To fill out ch 154 probate trusts, individuals must provide required information pertaining to the trust, including details about assets, beneficiaries, and any debts or obligations.
What is the purpose of ch 154 probate trusts?
The purpose of ch 154 probate trusts is to provide a legal framework for the administration of trusts within the probate system, ensuring proper distribution of assets according to the trustor's wishes.
What information must be reported on ch 154 probate trusts?
Information that must be reported on ch 154 probate trusts includes the trust's identification details, the names of beneficiaries, a description of assets, and any pertinent financial information regarding the trust.
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