75-5-427. Preservation of estate plan.
In investing the estate, and in selecting assets of the estate for distribution under
Subsections 75-5-425(1) and (2), in utilizing powers of revocation or withdrawal available for the
support of the protected person, and exercisable by the conservator or the court, the conservator
and the court should take into account any known estate plan of the protected person, including
his will, any revocable trust of which he is settlor, and any contract, transfer, or joint ownership
arrangement with provisions for payment or transfer of benefits or interests at his death to another
or others which he may have originated. The conservator may examine the will of the protected
person.
Amended by Chapter 194, 1977 General Session
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Last revised: Thursday, May 28, 2009