Bill > HB0089

This bill amends Utah's probate law regarding the transfer of personal property after a person's death by clarifying and updating the existing process for collecting and transferring assets through an affidavit. Specifically, the bill modifies Section 75-3-1201 to expand the types of property that can be transferred, including instruments evidencing debt, stock, or other financial assets. The bill maintains the existing $100,000 estate value threshold and 30-day waiting period after death for using this simplified transfer method. A key change is the explicit exclusion of water company stock shares from this transfer process, which must now be transferred through other specified legal mechanisms under Section 73-1-10 or the Uniform Commercial Code. The bill also updates language related to motor vehicle title transfers, removing a reference to water and irrigation titles and specifying transfers for up to four vehicles. The amendments aim to provide clearer guidance for transferring a deceased person's assets to their successors without going through formal probate proceedings. The bill is set to take effect on May 7, 2025.

Agriculture and Natural Resources

https://le.utah.gov/~2025/bills/static/HB0089.html