TRUSTS: Requests the Louisiana State Law Institute to study the use of trusts with extended durations and report its findings and any recommendations for revisions to the Louisiana Trust Code and applicable Louisiana laws to the legislature.

Summary

The resolution directs the Louisiana State Law Institute to examine the use of extended‑duration trusts and advise the legislature on possible revisions to the Louisiana Trust Code. It impacts Louisiana residents, trustees and the state’s trust‑related business by evaluating whether current rules limit economic activity. The study must be completed and reported by March 1 2027.

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