CS/HB 361 (2010) -  Trust Administration

General Bill by Criminal & Civil Justice Policy Council and Wood (CO-SPONSORS) Evers
Trust Administration: Limits personal representative's entitlement to payment from trust of specified estate expenses & obligations; specifies application of specified criteria in making payments from trust; specifies application of additional provisions to liability for specified estate expense & obligation payments from trust; deletes notice requirements relating to court review of trustee's employment of specified persons; authorizes rather than requires award of expert witness fees from trust assets; provides authority for court interpretation of specified trusts not subject to federal estate tax; authorizes trustee to take specified actions pending determination of trust distribution; limits trustee liability; provides criteria for determining who contributed trust assets; requires application of priorities for pro rata abatement of nonresiduary trust dispositions together with nonresiduary devises; deletes authority for court to determine attorney's compensation; deletes expert testimony & fee payment provisions; deletes requirements for court compensation determination proceedings to be part of trust administration process & for court determination & payment of specified estate costs & fees from trust assets.
Companion Bill passed CS/CS/SB 998 Trust Administration [SPSC] By Banking and Insurance and Judiciary and Thrasher
Effective Date: July 1, 2010
Last Event: Companion bill(s) passed, see CS/CS/HB 1237 (Ch. 2010-132), CS/CS/SB 998 (Ch. 2010-122) on Tuesday, April 27, 2010 1:09 PM; HB Laid on Table

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/HB 1197 Subject: Probate of an Estate Relationship: Compare
Bill #: CS/CS/HB 1237 Subject: Probate Procedures Relationship: Compare
Bill #: CS/CS/SB 998 Subject: Trust Administration [SPSC] Relationship: Compare
Bill #: CS/CS/SB 1544 Subject: Probate Procedures [SPSC] Relationship: Compare
Bill #: CS/SB 2620 Subject: Estate Tax [WPSC] Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Criminal & Civil Justice Policy Council 2/12/2010 2:22:43 PM
Chamber: House Committee: Criminal & Civil Justice Policy Council 2/1/2010 10:41:23 AM
Chamber: House Committee: Policy Council 1/21/2010 6:17:48 PM
Chamber: House Committee: Civil Justice & Courts Policy Committee 1/12/2010 5:48:27 PM
Chamber: House Committee: Civil Justice & Courts Policy Committee 1/7/2010 10:32:46 AM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Laid on Table; companion bill(s) passed, see CS/CS/HB 1237 (Ch. 2010-132), CS/CS/SB 998 (Ch. 2010-122) Time: 04/27/2010 - 1:09 PM Member: Committee: Version: c1
Event: H Substituted CS/CS/SB 998 Time: 04/27/2010 - 1:09 PM Member: Committee: Version: c1
Event: H Bill added to Special Order Calendar (4/27/2010) Time: 04/26/2010 - 8:08 PM Member: Committee: Version: c1
Event: H Added to Second Reading Calendar Time: 03/02/2010 - 10:50 PM Member: Committee: Version: c1
Event: H 1st Reading Time: 03/02/2010 - 10:50 PM Member: Committee: Version: c1
Event: H 1st Reading Time: 03/02/2010 - 10:50 PM Member: Committee: Version: __
Event: H Bill referred to House Calendar Time: 02/18/2010 - 9:01 AM Member: Committee: Version: c1
Event: H CS Filed Time: 02/12/2010 - 2:31 PM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.20 Time: 02/12/2010 - 2:31 PM Member: Committee: Version: __
Event: H Reported out of Criminal & Civil Justice Policy Council Time: 02/12/2010 - 2:21 PM Member: Committee: Criminal & Civil Justice Policy Council Version: __
Event: H Favorable with CS by Criminal & Civil Justice Policy Council Time: 02/02/2010 - 12:00 PM Member: Committee: Criminal & Civil Justice Policy Council Version: __
Event: H Added to Criminal & Civil Justice Policy Council agenda Time: 01/26/2010 - 4:16 PM Member: Committee: Criminal & Civil Justice Policy Council Version: __
Event: H Now in Criminal & Civil Justice Policy Council Time: 01/21/2010 - 6:23 PM Member: Committee: Criminal & Civil Justice Policy Council Version: __
Event: H Reported out of Policy Council Time: 01/21/2010 - 6:23 PM Member: Committee: Policy Council Version: __
Event: H Favorable by Policy Council Time: 01/21/2010 - 2:00 PM Member: Committee: Policy Council Version: __
Event: H Added to Policy Council agenda Time: 01/14/2010 - 12:44 PM Member: Committee: Policy Council Version: __
Event: H Now in Policy Council Time: 01/12/2010 - 5:50 PM Member: Committee: Policy Council Version: __
Event: H Reported out of Civil Justice & Courts Policy Committee Time: 01/12/2010 - 5:50 PM Member: Committee: Civil Justice & Courts Policy Committee Version: __
Event: H Favorable by Civil Justice & Courts Policy Committee Time: 01/12/2010 - 12:00 PM Member: Committee: Civil Justice & Courts Policy Committee Version: __
Event: H Added to Civil Justice & Courts Policy Committee agenda Time: 01/05/2010 - 4:15 PM Member: Committee: Civil Justice & Courts Policy Committee Version: __
Event: H Now in Civil Justice & Courts Policy Committee Time: 12/18/2009 - 3:47 PM Member: Committee: Civil Justice & Courts Policy Committee Version: __
Event: H Referred to Criminal & Civil Justice Policy Council Time: 12/18/2009 - 3:47 PM Member: Committee: Criminal & Civil Justice Policy Council Version: __
Event: H Referred to Policy Council Time: 12/18/2009 - 3:47 PM Member: Committee: Policy Council Version: __
Event: H Referred to Civil Justice & Courts Policy Committee Time: 12/18/2009 - 3:47 PM Member: Committee: Civil Justice & Courts Policy Committee Version: __
Event: H Filed Time: 11/16/2009 - 11:25 AM Member: Wood Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
733.607
733.707
736.0206
736.04114
736.0505
736.05053
736.1007