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OK SB2104

Bill

Status

Engrossed

3/12/2026

Primary Sponsor

Brent Howard

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Amends district court jurisdiction over trusts by clarifying that necessary parties include qualified beneficiaries, current trustees, and persons actually receiving distributions, while contingent beneficiaries are not necessary parties

  • Establishes enforceability standards for forfeiture (no-contest) clauses in wills and trusts, allowing enforcement unless the challenger proves by preponderance of evidence that just cause existed and the action was brought in good faith

  • Creates a nonjudicial settlement of account procedure allowing trustees to obtain discharge when a trust terminates, the trustee ceases to serve, or for interim accounting periods, with 60-day objection window and claims barred if no timely objections are raised

  • Modifies the definition of "qualified beneficiary" by removing the requirement for a vested remainder interest and adding categories for those who would be distributees if current interests terminated or if the trust terminated

  • Effective date: November 1, 2026

Legislative Description

Trusts; modifying requirements related to management and enforceability of trusts. Effective date.

Last Action

First Reading

3/12/2026

Committee Referrals

Judiciary2/3/2026

Full Bill Text

No bill text available