Unless notice is given as provided in section 633.3109, the following provisions shall apply:
1. Unless previously barred by adjudication, consent, or other limitation, a proceeding to contest the validity of a revocable trust must be brought no later than one year following the death of the settlor.
2. Unless the trustee is a party to a pending proceeding contesting its validity, six months following the death of the settlor, the trustee of a revocable trust may assume the trust's validity and proceed to distribute the trust property in accordance with the terms of the trust, without liability for so doing. Liability for an improper distribution in such a case is solely on the beneficiaries.
99 Acts, ch 125, §32, 109; 2000 Acts, ch 1150, §17
Section effective July 1, 2000; 99 Acts, ch 125, §109
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