Bill > S1170

This bill modifies Chapter 241 of the Massachusetts General Laws by expanding the existing language to explicitly include beneficiaries of nominee trusts as parties who can take legal action for partition. A nominee trust is a legal arrangement where one or more trustees hold legal title to property on behalf of one or more beneficiaries who have the actual economic interest in the property. By adding the phrase "or any beneficiary of a nominee trust" after "Any person" in the existing law, the bill clarifies that beneficiaries of such trusts have the same right to seek partition (a legal process to divide jointly owned property) as other property owners. This amendment appears to be a technical clarification that ensures beneficiaries of nominee trusts are not inadvertently excluded from partition proceedings, thus providing them with a clear legal pathway to resolve property ownership disputes.

Justice

https://malegislature.gov/Bills/194/S1170