Trusts and Estates

Ca. Trs. & Estates Quarterly Volume 15, Issue 3, Fall 2009

SPARSE PICKINGS IN 2009 LEGISLATIVE SESSION

By Bart J. Schenone, Esq.*

2009 is the first of the two-year legislative sessions. In production of legislation of interest to trusts and estates practitioners, the output reflected a year worn by drought, recession, the state budget deficit, legislative gridlock, and maybe even global warming.

The usual caveat applies: you should read the legislation if you have an interest in the subject matter. No summary replaces reading the law.

I. REGULATION OF LIFE SETTLEMENTS OF INSURANCE POLICIES AND PROHIBITION OF STOLIS – SENATE BILL 98; STATUTES 2009, CHAPTER 343

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