Missouri legislation · 2025 Regular Session
Missouri HB180: Modifies and establishes provisions relating to estate planning
Status: In committee, May 15, 2025
What the bill says
From the introduced text:
FIRST REGULAR SESSION HOUSE BILL NO. 103RD GENERAL ASSEMBLY INTRODUCED BY REPRESENTATIVE PARKER. 0155H.01I DANARADEMANMILLER,ChiefClerk To repeal sections 456.1-108 and 456.10-1005, RSMo, and to enact in lieu thereof sixteen new sections relating to estate planning. SectionA. Sections456.1-108and456.10-1005,RSMo,arerepealedandsixteennew sections enacted in lieu thereof, to be known as sections 456.1-108, 456.10-1005, 474.540, 474.542, 474.544, 474.546, 474.548, 474.550, 474.552, 474.554, 474.556, 474.558, 474.560, 474.562, 474.564, and 474.600, to read as follows: 456.1-108. 1. Without precluding other means for establishing a sufficient connection with the designated jurisdiction, terms of a trust designating the principal place of administration are valid and controlling if: (1) a trustee's principal place of business is located in or a trustee is a resident of the designated jurisdiction; or (2) all or part of the administration occurs in the designated jurisdiction. 2. Without precluding the right of the court to order, approve, or disapprove a transfer,thetrusteemaytransferthetrust'sprincipalplaceofadministrationtoanotherstateor to a jurisdiction outside of the United States that is appropriate to the trust's purposes, its administration, and the interests of the beneficiaries. 3. Thetrusteeshall notifythe qualifiedbeneficiariesofa proposed transferofa trust's principal place of administration not less than sixty days before initiating the transfer. The notice of proposed transfer must include: (1) the name of the jurisdiction to which the principal place of administration is to be transferred; EXPLANATION -- Matter enclosed in bold-faced brackets …
Sponsors
- Parker, Cameron (R, 150) · primary sponsor
Latest actions
- : Referred: Emerging Issues(H)
- : Read Second Time (H)
- : Read First Time (H)
- : Prefiled (H)
Common questions
- What is HB180?
- HB180 is a bill in the Missouri Legislature (2025 Regular Session): Modifies and establishes provisions relating to estate planning.
- What is the status of HB180?
- In committee as of May 15, 2025. Latest action: Referred: Emerging Issues(H) (May 15, 2025).
- Who sponsored HB180?
- Parker, Cameron (R, 150).
- Where is the official record for HB180?
- On the Missouri Legislature website: https://house.mo.gov/BillContent.aspx?bill=HB180&year=2025&code=R
Source: official Missouri record. Tracked by Delilah, AI for legislation across all 50 states and Congress.