H4330
An Act relative to the Massachusetts Uniform Trust Decanting Act
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill establishes the Massachusetts Uniform Trust Decanting Act, which provides a process for transferring the assets of an existing trust to a new trust if the existing trust is no longer serving the beneficiary’s best interests. It aims to streamline and standardize the decanting process, offering flexibility for trustees and beneficiaries. The act seeks to modernize trust administration in Massachusetts by aligning it with best practices and simplifying procedures. This legislation provides a clear framework for addressing situations where a trust is deemed unsuitable.
Key provisions
- Establishes a process for ‘decanting’ a trust – transferring assets to a new trust.
- Defines circumstances under which decanting is permitted, including when the existing trust is no longer beneficial.
- Specifies requirements for the new trust, ensuring it adequately protects the beneficiary’s interests.
- Outlines procedures for notifying interested parties, such as beneficiaries and creditors.
- Provides for the transfer of assets without court intervention in certain circumstances.
- Addresses potential conflicts of interest during the decanting process.
- Creates a framework for the trustee’s responsibilities during the decanting process.
Who is affected
- Trustees
- Beneficiaries of trusts
- Legal professionals involved in trust administration
- Financial institutions holding trust assets
Notable changes
Sponsors
Official sponsors from legislative records.
Primary sponsor
Joint Committee on the Judiciary
Cosponsor
Jay D. Livingstone
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.
Bill H.4330 194th (Current)
An Act relative to the Massachusetts Uniform Trust Decanting Act
View Text Print Preview Download PDF
Bill Information
Bill Information
Sponsor: Joint Committee on the Judiciary Status: Referred to House Committee on Ways and Means
Tabs
Bill History Cosponsors Committee Summary
Bill History
Displaying 3 actions for Bill H.4330
| Date | Branch | Action |
| 7/30/2025 | House | Reported from the committee on The Judiciary |
| 7/30/2025 | House | New draft of H1856 |
| 7/30/2025 | House | Bill reported favorably by committee and referred to the committee on House Ways and Means |
Similar Bills
H.1856 194th (Current)
An Act relative to the Massachusetts Uniform Trust Decanting Act
H.1648 193rd (2023 - 2024)
An Act relative to the Massachusetts Uniform Trust Decanting Act
The information contained in this website is for general information purposes only. The General Court provides this information as a public service and while we endeavor to keep the data accurate and current to the best of our ability, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.