| HB 0076 (Truly Agreed) | Trustee cannot use trust to meet trustee's personal obligation to beneficiary |
HB 76 - This act creates an ascertainable standard consistent with the Internal Revenue Code, by imposing certain restrictions on distributions that may be made from the trust. The bill prohibits distributions which satisfy legal support obligations or other legal obligations of a trustee or deemed trustee.
This bill is identical to SB 321 (1999).
JOAN GUMMELS