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Legislation watch
2017 Senate Bill 5012: Concerning the distribution of a Washington trust's assets to another trust
Introduced by Sen. Jamie Pedersen (Seattle) (D) on January 9, 2017
Referred to the Senate Law & Justice Committee on January 9, 2017
Substitute offered in the Senate on February 1, 2017
Makes changes to procedures for modifying a trust or for distributing assets from a first trust to a second trust. Defines a charitable trust and requires a trustee to give written notice to the state Attorney General prior exercising decanting powers where a trust includes a charitable provision.
Referred to the Senate Rules Committee on February 2, 2017
Received in the House on March 3, 2017
Referred to the House Judiciary Committee on March 3, 2017
Referred to the House Rules Committee on March 31, 2017
Signed by Gov. Jay Inslee on April 17, 2017