HB180--ESTATEPLANNING
SPONSOR: Parker
Atrusteeisrequiredtonotifyqualifiedbeneficiariesofa
proposedtransferofatrust'sprincipalplaceofadministration.
Thisbilladdstotherequirementsofthecontentofthenoticeto
includeanexplanationthatachangeintheplaceofadministration
mayresultinachangeofgoverninglaw,whichmayaffectthe
rightsofbeneficiariesinwaysthataredifferentfromcurrent
law.
Currently,undercertaincircumstances, ajudicialproceedingbya
beneficiaryagainstatrusteeforbreachoftrustmustbecommenced
withinfiveyearsafterthefirsttooccurof,amongotherthings,
theterminationofthebeneficiary'sinterestinthetrustorthe
terminationofthetrust.Thisbillspecifiesthatitisthe
occurrenceoftheeventcausingaterminationofthebeneficiary's
interestinthetrustortheoccurrenceoftheeventcausinga
terminationofthetrust.
Thebillalsoestablishesthe"MissouriElectronicWillsand
ElectronicEstatePlanningDocumentsAct",whichspecifiesthatan
electronicwillisconsideredawillforallpurposesofthelawof
thisStateandthatanywrittenestateplanningdocumentmaybe
executedelectronically. Typesofestateplanningdocuments
includeapowerofattorneyordurablepowerofattorney,an
advancedirective,anirrevocabletrust,andabeneficiarydeed,as
wellasothertypesofdocuments. Thebillestablishesaprocess
bywhichanelectronicwillmaybemadeself-provedaswellashow
allorpartofanelectronicwillmayberevoked.
Ifthereisevidencethatatestatorsignedanelectronicwilland
neitheranelectronicwillnoracertifiedpapercopyofthe
electronicwillcanbefoundafterthetestator'sdeath,therewill
beapresumptionthatthetestatorrevokedtheelectronicwilleven
ifnoinstrumentorlaterwillrevokingtheelectronicwillcanbe
located. Apersonmaycreateacertifiedpapercopyofan
electronicwilloranelectronicestateplanningdocumentby
affirmingunderpenaltyofperjurythatapapercopyofthe
electronicwillisacomplete,true,andaccuratecopyofthe
electronicwillortheestateplanningdocument.
Theprovisionsofthisbillapplytothewillofadecedentwho
diesonorafterAugust28,2025,andtoeachotherwrittenestate
planningdocumentsignedorremotelywitnessedonorafterAugust
28,2025. Thebillalsospecifiesthatcertainestateplanningdocumentsthat
wereexecutedduringtheperiodbetweenApril6,2020,andDecember
31,2021,duringwhichastateofemergencyexistedduetoCOVID-19
andtherewasatemporarysuspensionofphysicalappearance
requirements,willbedeemedtohavesatisfiedthephysical
presencerequirementsifcertainrequirements,specifiedinthe
bill,weremet.