Missouri Laws 197.480 – In-home health care providers, transfer of assets or bequests, rebuttable ..
Current as of: 2023 | Check for updates
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Terms Used In Missouri Laws 197.480
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Bequest: Property gifted by will.
- Devise: To gift property by will.
- Grantor: The person who establishes a trust and places property into it.
There shall be a rebuttable presumption of undue influence for any transfer of assets or bequest or devise to the benefit of any in-home health care provider who is not related to the grantor within the third degree of consanguinity. Such presumption shall not apply to reasonable payments for services rendered nor to transfers of less than five percent of the assets of the grantor.