Bill Text: CT HB06229 | 2015 | General Assembly | Introduced

Connecticut House Bill 6229 (Prior Session Legislation)

Introduced

Bill Title: An Act Concerning The Appointment Of Successor Trustees.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2015-01-22 - Referred to Joint Committee on Judiciary [HB06229 Detail]

Download: Connecticut-2015-HB06229-Introduced.html


General Assembly		*Proposed Bill No. 6229*
*January Session, 2015*		LCO No. 2130
		02130
Referred to Committee on JUDICIARY
Introduced by:
REP. FOX, 148th Dist.

AN ACT CONCERNING THE APPOINTMENT OF SUCCESSOR TRUSTEES.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That chapter 802c of the general statutes be amended to provide that: (1) The current trustee or, if none, the current income beneficiary or the majority of such beneficiaries of an irrevocable inter vivos trust or a revocable inter vivos trust, after the death of the settlor or grantor, may petition the Probate Court of the jurisdiction in which the settlor or grantor of such trust resides or resided at death to appoint a successor trustee for such trust or a trustee of any subtrust under such trust, in the event that no such trustee is named in the trust or the named person or institution is unable or unwilling to so serve, and (2) a Probate Court judge shall have the option of making such appointment or of declining to do so.

Statement of Purpose:

To improve Probate Court procedures involving the appointment of successor trustees.