A bill to amend 1998 PA 386, entitled “Estates and protected individuals code,” by amending sections 7105 and 7110 (MCL 700.7105 and 700.7110), as amended by 2024 PA 1.
House Bill No. 4523 amends the Estates and Protected Individuals Code to clarify the powers of trustees, the rights of trust beneficiaries, and the conditions under which trust terms can override statutory provisions, while also detailing the rights of charitable organizations and the attorney general in relation to trusts.
Introduced
by
Referred to the Committee on Judiciary