Relates to assignment from a decedent's estate to a transferee for value in exchange for cash or other consideration

Summary

The bill adds rules for when a beneficiary of a decedent’s estate sells their interest to a buyer who regularly purchases such interests. It mandates a written agreement filed with the surrogate’s court, detailed disclosures of the payment and any fees, and bans certain protective clauses. The aim is to increase transparency and protect beneficiaries.

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