633.3110  Rights of trustee regarding claims in a probate administration.

1.  If a probate administration has been commenced for which a revocable trust could be held responsible for the payment of claims, expenses, or taxes, the trustee shall be an interested party in that probate administration.

2.  The trustee shall receive notice of all potential charges against the trust assets and must either authorize the payments for which the trust may be found liable or be given the opportunity to dispute or defend any such payment.

Section History: Recent form

  99 Acts, ch 125, §34, 109

Footnotes

  Section effective July 1, 2000; 99 Acts, ch 125, §109


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