MD SB12 | 2025 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 8 2025 - 25% progression
Action: 2025-01-09 - Hearing 1/23 at 1:00 p.m.
Pending: Senate Judicial Proceedings Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 8 2025 - 25% progression
Action: 2025-01-09 - Hearing 1/23 at 1:00 p.m.
Pending: Senate Judicial Proceedings Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Adding to the conditions under which an individual who creates a trust may not be considered the settlor of that trust with regard to the individual's interest in the trust; and providing that a creditor may not attach, exercise, reach, or otherwise compel distribution of certain trust assets.
Title
Estates and Trusts - Spousal Lifetime Access Trusts
Sponsors
Sen. Chris West [R] |
History
Date | Chamber | Action |
---|---|---|
2025-01-09 | Senate | Hearing 1/23 at 1:00 p.m. |
2025-01-08 | Senate | First Reading Judicial Proceedings |
2024-10-19 | Senate | Pre-filed |
Same As/Similar To
HB50 (Crossfiled) 2025-02-17 - Withdrawn by Sponsor
Subjects
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
Estates and Trusts | 5 | 1003 | (n/a) | See Bill Text |
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0012?ys=2025RS |
Text | https://mgaleg.maryland.gov/2025RS/bills/sb/sb0012f.pdf |