What is the American Indian Probate Reform Act of 2004 (AIPRA)?
This Act creates a new Federal probate law that changes the way trust estates are distributed to heirs after a beneficiary’s death. This increases the importance and benefits of estate planning so the beneficiary can determine who inherits his/her assets. The Act was signed into law on October 27, 2004; most provisions went into effect on June 20, 2006.
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- What is the American Indian Probate Reform Act of 2004 (AIPRA)?
