summary
Introduced
02/26/2026
02/26/2026
In Committee
02/26/2026
02/26/2026
Crossed Over
Passed
Dead
Introduced Session
194th General Court
Bill Summary
For legislation to clarify a right of a durable power of attorney, report the accompanying bill (Senate, No. 2969).
AI Summary
This bill clarifies that a person's ability to create a trust, referred to as a "settlor's power to create a trust," can only be exercised by an agent acting under a power of attorney if the power of attorney document specifically grants that authority, or by a conservator, who is a person appointed by a court to manage the financial affairs of someone unable to do so themselves, as permitted by a specific section of law. This change applies to trusts established on or after July 8, 2012, and aims to ensure that the creation of trusts is only done with clear authorization.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Joint Committee on the Judiciary (Joint)
Last Action
Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 02/26/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/194/S2969 |
| BillText | https://malegislature.gov/Bills/194/S2969.pdf |
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