Friday - October 18, 2024
Baker's Trust Modernization Legislation Signed Into Law
July 18, 2024
HARRISBURG, Pennsylvania, July 18 (TNSres) -- The Pennsylvania Senate Republicans issued the following news release on July 17, 2024:

A bill signed by the governor this week seeks to modernize and enhance Pennsylvania's trust laws, according to Sen. Lisa Baker (R-20), who sponsored the measure.

Directed trusts, which have been increasing in popularity, allow trustees to share administrative powers with another person - the trust director. Senate Bill 1231 - now Act 64 o . . .

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