Bill Title: Qualified terminable interest property trusts. Adds rules for the interpretation of qualified terminable interest property trusts. Provides that, under certain circumstances, an individual who contributes assets to a trust and whose spouse is a beneficiary of the trust at the time of the contribution may not be considered to be or treated as a settlor of the trust.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2016-01-05 - First reading: referred to Committee on Judiciary [HB1083 Detail]

Text: Latest bill text (Introduced) [PDF]

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