Legislation - SB0012

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:: Judicial Proceedings Click to view Recorded Media

Details

Cross-filed with: HB0050

Bill File Type: Pre-Filed

Effective Date(s): October 1, 2025

History

Legislation History
Chamber Senate Calendar Date 10/19/2024 Legislative Date 10/19/2024 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/08/2025 Legislative Date 1/08/2025 Action First Reading Judicial Proceedings Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Estates and Trusts - Spousal Lifetime Access Trusts Proceedings
Chamber Senate Calendar Date 1/09/2025 Legislative Date 1/09/2025 Action Hearing 1/23 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	10/19/2024	10/19/2024	Pre-filed
Senate	1/08/2025	1/08/2025	First Reading Judicial Proceedings
			Text - First - Estates and Trusts - Spousal Lifetime Access Trusts
Senate	1/09/2025	1/09/2025	Hearing 1/23 at 1:00 p.m.

File Code

Subjects

Statutes