Trusts - As enacted, makes various changes regarding trusts and wills, including permitting confidential information related to trusts that is contained in court filings, including court orders, to be redacted or filed under seal without a prior court order. - Amends TCA Title 32; Title 35 and Title 67.

Summary

The bill changes how wills are proved for probate, lets charitable groups be treated like individual beneficiaries, and permits confidential trust information to be redacted or filed under seal without a court order. It also revises settlement language, raises a $100,000 threshold to $250,000, speeds up objection deadlines, and gives trustees more ability to pay expenses and manage closely held businesses without liability. These updates aim to simplify trust administration and protect privacy.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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