Bill Text: CA SB308 | 2019-2020 | Regular Session | Enrolled

California Senate Bill 308 (Prior Session Legislation)

NOTE: There are more recent revisions of this legislation. Read Latest Draft

Bill Title: Estates and trusts: instrument.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2019-07-01 - Chaptered by Secretary of State. Chapter 56, Statutes of 2019. [SB308 Detail]

Download: California-2019-SB308-Enrolled.html

Enrolled June 26, 2019

Passed IN Senate April 04, 2019

Passed IN Assembly June 24, 2019

Amended IN Senate March 21, 2019

CALIFORNIA LEGISLATURE— 2019–2020 REGULAR SESSION

Senate Bill

No. 308

Introduced by Senator Jones

February 15, 2019

An act to amend Section 45 of the Probate Code, relating to estates and trusts.

LEGISLATIVE COUNSEL'S DIGEST

SB 308, Jones. Estates and trusts: instrument.

Existing law defines “instrument” for purposes of the Probate Code to mean a will, trust, deed, or other writing that designates a beneficiary or makes a donative transfer of property. Existing law, the Trust Law, regulates the creation, modification, and termination of trusts and the administration of trusts by trustees on behalf of beneficiaries.

This bill would revise the definition of instrument under the Probate Code to mean a will, a document establishing or modifying a trust, a deed, or any other writing that designates a beneficiary or makes a donative transfer of property.

Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO

The people of the State of California do enact as follows:

SECTION 1.

Section 45 of the Probate Code is amended to read:

45.

“Instrument” means a will, a document establishing or modifying a trust, a deed, or any other writing that designates a beneficiary or makes a donative transfer of property.