HB 2273 -- Uniform Trust Code

Sponsor:  Stevenson

This bill changes the procedures for distributing trust income
and principal to qualified remainder beneficiaries of irrevocable
trusts and clarifies the rules for determining the domicile of
the trust's creator.  When there is one personal representative
of the trust, compensation will be based on the value of personal
and real property administered instead of the proceeds of real
property sold under order of the probate court.

Missouri House of Representatives
94th General Assembly, 2nd Regular Session
Last Updated October 15, 2008 at 3:12 pm