MS SB2859

Establishes that orders binding a guardian of property, trustee, or executor/administrator also bind the ward, beneficiaries, or interested persons in the estate, provided there is no conflict of interest between them.

Creates an exception when a trustee of a trust that is a beneficiary of an estate is also the personal representative of that estate, which constitutes a conflict of interest.

Permits unborn, unascertained, minor, or legally disabled persons to be bound by orders if another party with substantially identical interests represents them in the proceeding.

Requires notice in estate and trust administration proceedings to be given to every interested person or to someone who can legally bind that person, and allows the court to appoint a guardian ad litem if representation would otherwise be inadequate.

Takes effect July 1, 2012.