75-5-427 - Preservation of estate plan.
75-5-427. Preservation of estate plan.
In investing the estate, and in selecting assets of the estate for distribution underSubsections 75-5-425(1) and (2), in utilizing powers of revocation or withdrawal available for thesupport of the protected person, and exercisable by the conservator or the court, the conservatorand the court should take into account any known estate plan of the protected person, includinghis will, any revocable trust of which he is settlor, and any contract, transfer, or joint ownershiparrangement with provisions for payment or transfer of benefits or interests at his death to anotheror others which he may have originated. The conservator may examine the will of the protectedperson.
Amended by Chapter 194, 1977 General Session