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Judiciary I - Civil Law Committee
Filed: 2/24/2010
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09600HB5282ham001 |
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LRB096 16285 AJO 37497 a |
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| AMENDMENT TO HOUSE BILL 5282
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| AMENDMENT NO. ______. Amend House Bill 5282 on page 1, line |
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| 14, after "trust", by inserting the following: "or revocable |
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| inter vivos trusts";and
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| on page 3, by replacing lines 14 through 19 with the following:
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| "tenancy by the entirety. Where the homestead is held in the |
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| name or names of a trustee or trustees of a revocable inter |
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| vivos trust or of revocable inter vivos trusts made by the |
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| settlors of such trust or trusts who are husband and wife, and |
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| the husband and wife are the primary beneficiaries of one or |
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| both of the trusts so created, and the deed or deeds conveying |
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| title to the homestead to the trustee or trustees of the trust |
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| or trusts specifically state that the interests of the husband |
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| and wife to the homestead property are to".
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