Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 11, 2010 |
recommit, enacting clause stricken |
Jan 06, 2010 |
referred to judiciary |
Feb 11, 2009 |
referred to judiciary |
Senate Bill S2038
2009-2010 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - Stricken
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
2009-S2038 (ACTIVE) - Details
- Law Section:
- Estates, Powers and Trusts Law
- Laws Affected:
- Rpld & add ยง2-1.6, EPT L
2009-S2038 (ACTIVE) - Sponsor Memo
BILL NUMBER: S2038 TITLE OF BILL : An act to amend the estates, powers and trusts law, in relation to the disposition of property when persons die simultaneously and to repeal section 2-1.6 of such law relating thereto PURPOSE : The bill repeals EPTL Section 2-1.6, which is presently based on actual simultaneous death, and replaces it with language which treats the death of a relevant person within 120 hours of the decedent as predeceasing the decedent. SUMMARY OF PROVISIONS : The bill repeals the current Section 2-1.6 of the EPTL which directs how the disposition of certain interests in property will occur when two persons appear to have died simultaneously. The bill enacts a new Section 2-1.6, relating to similar situations, but provides that the individuals will be presumed to have died simultaneously unless it is established by clear and convincing evidence that the survivor survived the other individual by at least 120 hours.
2009-S2038 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2038 2009-2010 Regular Sessions I N S E N A T E February 11, 2009 ___________ Introduced by Sen. DeFRANCISCO -- read twice and ordered printed, and when printed to be committed to the Committee on Judiciary AN ACT to amend the estates, powers and trusts law, in relation to the disposition of property when persons die simultaneously and to repeal section 2-1.6 of such law relating thereto THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 2-1.6 of the estates, powers and trusts law is REPEALED and a new section 2-1.6 is added to read as follows: S 2-1.6 DISPOSITION OF PROPERTY WHERE A PERSON DIES WITHIN ONE HUNDRED TWENTY HOURS OF ANOTHER PERSON OR ANY OTHER EVENT (A) EXCEPT AS PROVIDED IN PARAGRAPH (B) OF THIS SECTION: (1) WHERE, UNDER ARTICLES 4 AND 5 OF THIS CHAPTER, THE TITLE TO PROP- ERTY OR THE DEVOLUTION OF PROPERTY DEPENDS UPON AN INDIVIDUAL'S SURVI- VORSHIP OF THE DEATH OF ANOTHER INDIVIDUAL, AN INDIVIDUAL WHO IS NOT ESTABLISHED BY CLEAR AND CONVINCING EVIDENCE TO HAVE SURVIVED THE OTHER INDIVIDUAL BY ONE HUNDRED TWENTY HOURS IS DEEMED TO HAVE PREDECEASED THE OTHER INDIVIDUAL. (2) FOR PURPOSES OF A PROVISION OF A GOVERNING INSTRUMENT THAT RELATES TO AN INDIVIDUAL SURVIVING AN EVENT, INCLUDING THE DEATH OF ANOTHER INDIVIDUAL, AN INDIVIDUAL WHO IS NOT ESTABLISHED BY CLEAR AND CONVINCING EVIDENCE TO HAVE SURVIVED THE EVENT BY ONE HUNDRED TWENTY HOURS IS DEEMED TO HAVE PREDECEASED THE EVENT. (3) WHERE A DISPOSITION OF PROPERTY UNDER A GOVERNING INSTRUMENT (I) DEPENDS UPON THE TIME OF DEATH OF TWO OR MORE BENEFICIARIES DESIGNATED TO TAKE ALTERNATIVELY BY REASON OF SURVIVING AN EVENT, INCLUDING THE DEATH OF ANOTHER INDIVIDUAL, AND (II) IT IS NOT ESTABLISHED BY CLEAR AND CONVINCING EVIDENCE THAT SUCH BENEFICIARIES HAVE SURVIVED THE EVENT BY ONE HUNDRED TWENTY HOURS, THE PROPERTY THUS DISPOSED OF SHALL BE DIVIDED INTO AS MANY EQUAL PORTIONS AS THERE ARE ALTERNATIVE BENEFICIARIES AND SUCH PORTIONS SHALL BE DISTRIBUTED RESPECTIVELY TO THOSE WHO WOULD HAVE EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01594-01-9
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