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SB 166 - This act authorizes trustees of irrevocable trusts to distribute trust income and principal to qualified remainder beneficiaries under certain circumstances, including a lack of distributions from the trust for a ten-year period. This act also defines the domicile of a trust's creator for the purposes of publishing notice to creditors in a local newspaper. This act is similar to SCS/HB 239 (2009) and HB 2273 (2008). EMILY KALMER
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