California Probate Code 19505 – This part applies to a trust created before, on, or after January 1, …
This part applies to a trust created before, on, or after January 1, 2019, that satisfies either of the following conditions:
(a) Has its principal place of administration in this state, including a trust whose principal place of administration has been changed to this state.
Terms Used In California Probate Code 19505
- 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. See California Probate Code 45
- State: includes any state of the United States, the District of Columbia, the Commonwealth of Puerto Rico, and any territory or possession subject to the legislative authority of the United States. See California Probate Code 74
- Trust: includes the following:
California Probate Code 82
(b) Provides by its trust instrument that it is governed by the law of this state or is governed by the law of this state for the purpose of any of the following:
(1) Administration, including administration of a trust whose governing law for purposes of administration has been changed to the law of this state.
(2) Construction of terms of the trust.
(3) Determining the meaning or effect of terms of the trust.
(Added by Stats. 2018, Ch. 407, Sec. 1. (SB 909) Effective January 1, 2019.)