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HF 169 Senate Long Description

Providing for the creation and termination of memorial fund trusts, +providing for the addition of funds to trusts established for the benefit of +one or more individuals with a single transfer, subjecting memorial fund trusts +to the Minnesota uniform custodial trust act; providing for the transfer of +additional funds; authorizing and providing for trustees and beneficiaries of +trusts not under court supervision to enter into binding nonjudicial settlement +agreements relating to certain specified matters, providing for validity and +specifying certain notice requirements; providing an effective date for certain +prior amendments to a certain provision providing for the revocation of +wills by marriage dissolution (ra)