§ 469.010 General rule, effect of disclaimer
§ 469.020 Disclaimer, how and when made — delivery — right to disclaim.
§ 469.030 Acceptance, how shown, preclusion of later disclaimer — who may accept or …
§ 469.040 Revocable transfers
§ 469.050 Separate interests, disclaimers or acceptance
§ 469.070 Contingent interests
§ 469.080 Per stirpes transfers
§ 469.090 Special rules for interests under old transfers
§ 469.100 Special rule for persons attaining majority — transfers after 1976.
§ 469.110 Chapter not exclusive
§ 469.120 Retroactive effect
§ 469.240 Definitions
§ 469.250 Payment or transfers to fiduciaries or at the direction of the fiduciary, ..
§ 469.260 Transfer of negotiable instrument by fiduciary
§ 469.270 Check drawn by fiduciary payable to third person
§ 469.280 Check drawn by and payable to fiduciary
§ 469.290 Deposit in name of fiduciary as such
§ 469.300 Deposit in name of principal
§ 469.310 Deposit in fiduciary’s personal account
§ 469.320 Deposit in name of two or more trustees
§ 469.330 Cases not provided for in law
§ 469.340 Uniformity of interpretation
§ 469.350 Short title
§ 469.401 Definitions
§ 469.402 Applicability
§ 469.403 Disbursements to or between principal and income, fiduciary’s responsibilities
§ 469.405 Adjustments between principal and income permitted by trustee, factors to ..
§ 469.409 Bar on claim of breach of fiduciary duty, when — applicable rules.
§ 469.411 Determination of unitrust amount — definitions — exclusions to average net …
§ 469.413 Death of decedent or end of income interest, applicable rules
§ 469.415 Rights of beneficiaries to net income
§ 469.417 Beneficiary entitled to net income, when — asset subject to trust, when — …
§ 469.419 Trustee to allocate income receipt or disbursement, when
§ 469.421 Mandatory income interest, undistributed income, paid when
§ 469.423 Allocations by trustee — entity defined.
§ 469.425 Allocations to income or principal
§ 469.427 Separate accounting records maintained, when, procedure
§ 469.429 Allocations to principal
§ 469.431 Rental property, allocation to income
§ 469.432 Interest allocated to income — amounts received from sale, redemption or …
§ 469.433 Life insurance proceeds allocated to principal — dividends allocated to income.
§ 469.435 Insubstantial amounts may be allocated to principal, exceptions — …
§ 469.437 Distributions allocated as income, when — definitions — balance allocated …
§ 469.439 Ten percent of receipts from liquidating asset allocated to income, ..
§ 469.441 Allocation of interest in minerals or other natural resources — interest in …
§ 469.443 Sale of timber and related products, allocation of net receipts
§ 469.445 Marital deduction, insufficient income, allowable actions
§ 469.447 Transactions in derivatives allocated to principal — options to sell or buy …
§ 469.449 Allocation of collateral financial assets and asset-backed securities
§ 469.451 Required disbursements from income
§ 469.453 Required disbursements from principal
§ 469.455 Depreciation not to be transferred
§ 469.457 Principal disbursement, permitted transfers
§ 469.459 Taxes to be paid from income or principal, when
§ 469.461 Adjustments between principal and income, when — estate tax marital …
§ 469.463 Uniformity considered in application and construction
§ 469.465 Severability clause
§ 469.467 Applicability of sections
§ 469.600 Doctrine of worthier title and Rule in Bingham’s case abolished, effect of ..
§ 469.900 Citation of law — definitions.
§ 469.901 Trustee duties, settlor may restrict or expand
§ 469.902 Trustee duties and powers — decisions to be evaluated in context of trust.
§ 469.903 Diversification required, exception
§ 469.904 Trust assets, retention and disposition
§ 469.905 To whom duty owed
§ 469.906 Multiple beneficiaries, duty owed to whom
§ 469.907 Restriction on costs
§ 469.908 Prudent investor rule, standard
§ 469.909 Trustee powers, delegation — agent duties — liability of agent — agent …
§ 469.910 Trust terms and phrases, definition
§ 469.911 Applicability of certain sections
§ 469.912 Interpretation of certain sections
§ 469.913 Specific statutory standards to control

Terms Used In Missouri Laws > Chapter 469 - Disclaimers of Property

  • Amortization: Paying off a loan by regular installments.
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Appraisal: A determination of property value.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Decedent: A deceased person.
  • Donor: The person who makes a gift.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Fiduciary: A trustee, executor, or administrator.
  • following: when used by way of reference to any section of the statutes, mean the section next preceding or next following that in which the reference is made, unless some other section is expressly designated in the reference. See Missouri Laws 1.020
  • Fraud: Intentional deception resulting in injury to another.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Legatee: A beneficiary of a decedent
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Marital deduction: The deduction(s) that can be taken in the determination of gift and estate tax liabilities because of the existence of a marriage or marital relationship.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Per stirpes: The legal means by which the children of a decedent, upon the death of an ancestor at a level above that of the decedent, receive by right of representation the share of the ancestor
  • person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Missouri Laws 1.020
  • Personal property: includes money, goods, chattels, things in action and evidences of debt. See Missouri Laws 1.020
  • Personal property: All property that is not real property.
  • Probate: Proving a will
  • Property: includes real and personal property. See Missouri Laws 1.020
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • State: when applied to any of the United States, includes the District of Columbia and the territories, and the words "United States" includes such district and territories. See Missouri Laws 1.020
  • Statute: A law passed by a legislature.
  • Testator: A male person who leaves a will at death.
  • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
  • Trustee: A person or institution holding and administering property in trust.