Establishes provisions for assigning interests from a decedent's estate to a transferee for value, requiring specific conditions and a written.

The bill enacts provisions for the assignment of interests from a decedent's estate to a transferee for value in exchange for cash or other consideration. It mandates certain conditions and a written agreement. The written agreement must be filed with the court within 45 days of execution or issuance of fiduciary letters. It must include the amount of consideration, a description of the transferred interest, and a statement of costs or fees. The agreement cannot contain provisions granting agency powers, requiring additional payments, or permitting recourse against the beneficiary.

Establishes provisions for assigning interests from a decedent's estate to a transferee for value, requiring specific conditions and a written.

The bill enacts provisions for the assignment of interests from a decedent's estate to a transferee for value in exchange for cash or other consideration. It mandates certain conditions and a written agreement. The written agreement must be filed with the court within 45 days of execution or issuance of fiduciary letters. It must include the amount of consideration, a description of the transferred interest, and a statement of costs or fees. The agreement cannot contain provisions granting agency powers, requiring additional payments, or permitting recourse against the beneficiary.