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OK SB611

Bill

Status

Introduced

2/7/2011

Primary Sponsor

Tom Ivester

Click for details

Origin

Senate

2011 Regular Session

AI Summary

  • Establishes requirements for applications seeking informal probate of wills and informal appointment of personal representatives, including statements about the applicant's interest, decedent's information, venue, and time limits.

  • Authorizes registrars to issue written statements of informal probate when certain findings are made, with informal probate being conclusive until superseded by formal testacy proceedings.

  • Creates "universal succession" provisions allowing heirs or residuary devisees to assume personal liability for decedent's taxes, debts, claims, and distributions without requiring a personal representative or formal administration.

  • Specifies that universal successors have full ownership power over estate assets, assume liability for obligations proportional to their share, and must notify other heirs and devisees within 30 days of succession approval.

  • Effective date: November 1, 2011.

Legislative Description

Informal probate; establishing certain probate procedures. Codification. Effective date.

Property

Last Action

Second Reading referred to Judiciary

2/8/2011

Committee Referrals

Judiciary2/8/2011

Full Bill Text

No bill text available