5132 AMH GILY LEIN 250

SB 5132 - H AMD 662

By Representative Gilday

NOT ADOPTED 04/08/2021

On page 5, line 30, after "turpitude;" insert "and"

On page 5, beginning on line 31, strike all of subsection (b)

Renumber the remaining subsection consecutively and correct any internal references accordingly.

On page 5, after line 34, insert the following:

"(3) An individual who is an heir, beneficiary, or otherwise has an interest in testator's estate may serve as a qualified custodian, unless the gift conferred to the individual exceeds the share of the estate that would be distributed to the individual if the will were not established."

EFFECT: Allows an interested party to serve as a qualified custodian provided that the party does not receive a larger share of the estate than they would have under intestacy laws.

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