Bill Summary for Bill Number 2.g. Uniform Trust Decanting Act, LLS 16-0133

Date: 11/30/2015

Final
2.g. Uniform Trust Decanting Act, LLS 16-0133

COMMITTEE ON COLORADO COMMISSION ON UNIFORM STATE LAWS

Votes: View-->	Action Taken:
<none>	<none>

02:13 PM -- 2.g. Uniform Trust Decanting Act, LLS 16-0133

02:13 PM -- Jessica Broderick, CBA Trusts & Estates Section, reported that the trusts & estates and family law sections have approved some suggested language changes addressing their concerns. The intent of the proposed language changes is to clarify divorce court powers without lessening or enlarging those powers.
02:15 PM -- Stanley Kent, former CCUSL Commissioner and testifying for himself, complemented the bar’s work on balancing Colorado’s law with the act’s changes.
02:23 PM -- Marie Moses, CBA Family Law Section,stated the proposed changes maintain the status quo in current case law and the family law section supports it.
The commission read the proposed changes into the record, directed the drafter to incorporate the new language into the bill, and thanked the bar for its hard work.