Legislation
ARTICLE 13
Other Provisions Affecting Estates
Estates, Powers & Trusts (EPT) CHAPTER 17-B
ARTICLE 13
OTHER PROVISIONS AFFECTING ESTATES
PART 1. ASSETS OF DECEDENT'S ESTATE
Section 13-1.1 Certain assets considered personal property.
13-1.2 Assets; debt due from executor to testator; effect of
discharge by will.
13-1.3 Assets chargeable with payment of estate obligations;
order in which assets appropriated; abatement.
13-1.4 Action in supreme court to compromise controversies
between claimants to estate assets.
PART 2. STATUTE OF FRAUDS REQUIREMENTS
Section 13-2.1 Agreements involving a contract to establish a trust, to
make a testamentary provision of any kind, and by a
personal representative to answer for the debt or
default of a decedent, required to be in writing.
13-2.2 Transfers and mortgages of interest in decedents' estates
required to be in writing and recorded.
13-2.3 Powers of attorney in relation to decedents' estates
required to be in writing and recorded.
PART 3. MISCELLANEOUS PROVISIONS
Section 13-3.1 Rights of payees in non-transferable United States
savings bonds.
13-3.2 Rights of beneficiaries of pension, retirement, death
benefit, stock bonus and profit-sharing plans, systems
or trusts and of beneficiaries of annuities and
supplemental insurance contracts.
13-3.3 Designation of trustee to receive proceeds of thrift,
savings, pension, retirement, death benefit, stock
bonus and profit-sharing plans, systems or trusts, of
life, group life, industrial life or accident and
health insurance policies and of annuity, endowment and
supplemental insurance contracts, and taxation thereof
13-3.4 Payment or delivery of property to foreign fiduciaries.
13-3.5 Action or proceeding by foreign personal or other legal
representative.
13-3.6 Disaffirmance of fraudulent acts by personal
representative and others.
PART 4. TRANSFER-ON-DEATH SECURITY REGISTRATION
Section 13-4.1 Definitions
13-4.2 Registration in beneficiary form; sole or joint tenancy
ownership
13-4.3 Applicable law
13-4.4 Origination of registration in beneficiary form
13-4.5 Form of registration in beneficiary form
13-4.6 Effect of registration in beneficiary form
13-4.7 Ownership on death of owner
13-4.8 Protection of registering entity
13-4.9 Nontestamentary transfer on death
13-4.10 Terms, conditions, and forms
13-4.11 Rules of construction
13-4.12 Application
OTHER PROVISIONS AFFECTING ESTATES
PART 1. ASSETS OF DECEDENT'S ESTATE
Section 13-1.1 Certain assets considered personal property.
13-1.2 Assets; debt due from executor to testator; effect of
discharge by will.
13-1.3 Assets chargeable with payment of estate obligations;
order in which assets appropriated; abatement.
13-1.4 Action in supreme court to compromise controversies
between claimants to estate assets.
PART 2. STATUTE OF FRAUDS REQUIREMENTS
Section 13-2.1 Agreements involving a contract to establish a trust, to
make a testamentary provision of any kind, and by a
personal representative to answer for the debt or
default of a decedent, required to be in writing.
13-2.2 Transfers and mortgages of interest in decedents' estates
required to be in writing and recorded.
13-2.3 Powers of attorney in relation to decedents' estates
required to be in writing and recorded.
PART 3. MISCELLANEOUS PROVISIONS
Section 13-3.1 Rights of payees in non-transferable United States
savings bonds.
13-3.2 Rights of beneficiaries of pension, retirement, death
benefit, stock bonus and profit-sharing plans, systems
or trusts and of beneficiaries of annuities and
supplemental insurance contracts.
13-3.3 Designation of trustee to receive proceeds of thrift,
savings, pension, retirement, death benefit, stock
bonus and profit-sharing plans, systems or trusts, of
life, group life, industrial life or accident and
health insurance policies and of annuity, endowment and
supplemental insurance contracts, and taxation thereof
13-3.4 Payment or delivery of property to foreign fiduciaries.
13-3.5 Action or proceeding by foreign personal or other legal
representative.
13-3.6 Disaffirmance of fraudulent acts by personal
representative and others.
PART 4. TRANSFER-ON-DEATH SECURITY REGISTRATION
Section 13-4.1 Definitions
13-4.2 Registration in beneficiary form; sole or joint tenancy
ownership
13-4.3 Applicable law
13-4.4 Origination of registration in beneficiary form
13-4.5 Form of registration in beneficiary form
13-4.6 Effect of registration in beneficiary form
13-4.7 Ownership on death of owner
13-4.8 Protection of registering entity
13-4.9 Nontestamentary transfer on death
13-4.10 Terms, conditions, and forms
13-4.11 Rules of construction
13-4.12 Application