Bill > SB1542

This bill modifies provisions related to fiduciaries, who are individuals or entities entrusted with managing another person's assets or affairs, within probate matters in Missouri. Specifically, it amends Section 472.010 of the Revised Statutes of Missouri (RSMo) to clarify that "interested persons" now include any individual or agency nominated to serve as a fiduciary in applications or petitions for appointment. It also adds a new provision to Section 472.100 requiring that if a public administrator, a government official responsible for managing estates when no one else is available, is nominated as a fiduciary or is being considered for such a role, they must receive a copy of the relevant application or petition, written notice of any proceedings, and an opportunity to attend and be heard. Furthermore, the bill revises Section 473.020, which deals with petitions for letters testamentary or of administration (official documents authorizing someone to manage a deceased person's estate), to ensure that notice of hearings on such petitions is served upon all interested persons, including any nominated fiduciary.

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https://www.senate.mo.gov/26info/BTS_Web/Bill.aspx?SessionType=R&BillID=627692