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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) A provision in the following for a nonprobate transfer on death is nontestamentary:
(1) Insurance policy or annuity contract;
(2) contract of employment;
(3) current employee compensation or benefit program;
(4) deferred compensation or pension plan, including programs described in sections 401(a), 403(b), 457 or 501(c)(18) of the federal internal revenue code of 1986 as in effect on January 1, 2001;
(5) individual retirement plan, whether custodial or otherwise; or
(6) account established pursuant to a qualified state tuition program under section 529 of the federal internal revenue code of 1986 as in effect on January 1, 2001.
(b) The provisions of subsection (a) do not limit rights of creditors under other laws of this state.
Cite this article: FindLaw.com - Kansas Statutes Chapter 59. Probate Code § 59-3513. Other nontestamentary transfers - last updated January 01, 2025 | https://codes.findlaw.com/ks/chapter-59-probate-code/ks-st-sect-59-3513/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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