Judiciary I - Civil Law Committee

Filed: 2/24/2010

 

 


 

 


 
09600HB5282ham001 LRB096 16285 AJO 37497 a

1
AMENDMENT TO HOUSE BILL 5282

2     AMENDMENT NO. ______. Amend House Bill 5282 on page 1, line
3 14, after "trust", by inserting the following: "or revocable
4 inter vivos trusts";and
 
5 on page 3, by replacing lines 14 through 19 with the following:
 
6 "tenancy by the entirety. Where the homestead is held in the
7 name or names of a trustee or trustees of a revocable inter
8 vivos trust or of revocable inter vivos trusts made by the
9 settlors of such trust or trusts who are husband and wife, and
10 the husband and wife are the primary beneficiaries of one or
11 both of the trusts so created, and the deed or deeds conveying
12 title to the homestead to the trustee or trustees of the trust
13 or trusts specifically state that the interests of the husband
14 and wife to the homestead property are to".