HB720
Log in to followAN ACT relating to disposition of property.
Create new sections of KRS Chapter 394 to enact the Uniform Electronic Wills Act; define terms; establish the applicability of electronic wills; address the effect of a will electronically executed in another jurisdiction; establish requirements for executing and revoking an electronic will; address records that are not executed in compliance with the requirements for an electronic will; provide requirements for an electronic will to be self-proving; allow for certified paper copies of an electronic will;…
Introduced: February 19, 2025
Last action: February 27, 2025
Plain-language summary
This bill updates Kentucky law in several areas related to wills, trusts, and estate planning. It allows Kentuckians to create and sign valid wills and other estate planning documents electronically, and it establishes new rules for certain types of trusts, including protections for trust assets from some creditor claims, clearer rules for who directs a trust, and a process called decanting that allows a trustee to move assets from one trust to a new one…
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