DE SB138

Expands the definition of "child" for intestate succession to include children legitimated under Delaware law, affecting inheritance rights for children born out of wedlock

Strengthens spendthrift trust protections by adding garnishment to the list of creditor remedies that cannot be used against trust beneficiary interests

Establishes procedures for nonjudicial settlement agreements, allowing interested persons to resolve trust matters including interpretation, trustee appointments, and compensation without court approval

Allows unanimous appointment of successor trustees by beneficiaries when a trust has no serving trustee and the governing instrument lacks effective succession provisions

Extends statutes of limitations protections to revocable trusts after the trustor's death, barring claims against the trust to the same extent they would be barred against the trustor's estate