California Probate Code

§ 19511

PROB § 19511 Effective Jan 1, 2019Div. 9 · Part 9

Statute text

(a)For purposes of this section:

(1)“Noncontingent right” means a right that is not subject to the exercise of discretion or the occurrence of a specified event that is not certain to occur. The term does not include a right held by a beneficiary if any person has discretion to distribute property subject to the right to any person other than the beneficiary or the beneficiary’s estate.

(2)“Presumptive remainder beneficiary” means a qualified beneficiary other than a current beneficiary.

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Legislative history

Added by Stats. 2018, Ch. 407, Sec. 1. (SB 909) Effective January 1, 2019.