Legislation - HB0050

Adding to the conditions under which an individual who creates a trust may not be considered the settlor of that trust with regard to the individual's interest in the trust; and providing that a creditor may not attach, exercise, reach, or otherwise compel distribution of certain trust assets.

Committees

Original:: Judiciary

Details

Cross-filed with: SB0012

Bill File Type: Pre-Filed

Effective Date(s): October 1, 2025

History

Legislation History
Chamber House Calendar Date 10/31/2024 Legislative Date 10/31/2024 Action Pre-filed Proceedings
Chamber House Calendar Date 1/08/2025 Legislative Date 1/08/2025 Action First Reading Judiciary Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Estates and Trusts - Spousal Lifetime Access Trusts Proceedings
Chamber House Calendar Date 1/10/2025 Legislative Date 1/10/2025 Action Hearing 1/22 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	10/31/2024	10/31/2024	Pre-filed
House	1/08/2025	1/08/2025	First Reading Judiciary
			Text - First - Estates and Trusts - Spousal Lifetime Access Trusts
House	1/10/2025	1/10/2025	Hearing 1/22 at 1:00 p.m.

File Code

Subjects

Statutes