Senate Bill 1910 amends various sections of the Tennessee Code Annotated related to trust and estate law. Key changes include the addition of a new subsection to Section 32-1-107, which allows a will to be admitted to probate in Tennessee if it meets the requirements of the state where it was signed, the testator's domicile, or specific provisions in the code. Additionally, Section 35-15-110 is revised to clarify the rights of charitable organizations designated in trusts, allowing them to act as qualified beneficiaries. The bill also updates the threshold for certain trust distributions from $100,000 to $250,000 and introduces provisions for trustees to pay expenses directly from the trust estate.

Further amendments include the replacement of "an agreement of the qualified beneficiaries" with "a nonjudicial settlement agreement" in multiple sections, and the introduction of new regulations regarding the confidentiality of trust-related information in court filings. The bill specifies that confidential information can be redacted or filed under seal without prior court approval under certain conditions, and it outlines the criteria for determining when such confidentiality is warranted. The act is set to take effect on July 1, 2026.

Statutes affected:
Introduced: 32-1-107, 35-15-110, 35-15-103, 35-15-414(a), 35-15-414, 35-15-709, 35-15-710, 35-15-808(b), 35-15-808, 35-15-817(f), 35-15-817, 35-15-817(j), 35-15-817(k), 35-15-818, 35-15-1201(a), 35-15-1201, 35-15-1201(a)(14), 67-4-2008(a)(11)(B)(i), 67-4-2008