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House Bill 288

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Last Action 02/05/18: posted in committee
Title AN ACT relating to property and trusts.
Bill Documents Introduced
Bill Request Number 1218
Sponsor C. Harris
Summary of Original Version Create a new section of Chapter 386 and provide definitions related to the creation of a community property trust; provide the requirements for the creation of a community property trust by spouses; provide what spouses may agree on and provide in writing related to community property trusts; enumerate what happens to a community property trust upon the death of a spouse; amend KRS 141.010 to provide federal tax guidelines related to community property trusts; amend KRS 386.175 to provide that a second trust may be created from an original trust whose terms have been modified pursuant to KRS 386.175; create a new section of KRS Chapter 396 to provide that certain creditor's claims are barred six months after the appointment of a personal representative after the decedent's death; amend KRS 396.011 to conform.
Index Headings of Original Version Banks and Financial Institutions - Community Property Trust Act, creation of
Banks and Financial Institutions - Creditor's claim, time period for
Civil Actions - Community Property Trust Act, creation of
Civil Actions - Creditor's claim, time period for
Civil Actions - Trust, amendment of instrument creating
Civil Procedure - Community Property Trust Act, creation of
Courts - Community Property Trust Act, creation of
Fiduciaries - Community Property Trust Act, creation of
Property - Community Property Trust Act, creation of
Short Titles and Popular Names - Community Property Trust Act
Taxation - Community Property Trust Act, creation of
Taxation, Income--Individual - Community Property Trust Act, creation of
Taxation, Inheritance and Estate - Community Property Trust Act, creation of
Wills and Estates - Community Property Trust Act, creation of
Wills and Estates - Creditor's claim, time period for
Wills and Estates - Trust, amendment of instrument creating

Actions

Top
01/31/18
  • introduced in House
02/02/18
  • to Judiciary (H)
02/05/18
  • posted in committee


Last updated: 9/1/2020 2:57 PM (EDT)
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