HB817 — Trusts - As enacted, establishes as a default rule of state trust law that a beneficiary is a non-fiduciary unless appointed in such capacity, and makes certain other changes relative to trusts. - Amends TCA Title 30 and Title 35.

HB817 — Trusts - As enacted, establishes as a default rule of state trust law that a beneficiary is a non-fiduciary unless appointed in such capacity, and makes certain other changes relative to trusts. - Amends TCA Title 30 and Title 35. · Informed CitizenryHB817 amends Tennessee trust laws to establish that a beneficiary is a non-fiduciary unless specifically appointed in that capacity. The bill modifies rules regarding the appointment of successor t…Open in Informed Citizenry