South Carolina Statutes
§ 62-7-605 — Effect of penalty clause for contest.
A provision in a revocable trust purporting to penalize any interested person for contesting the validity of the trust or instituting other proceedings relating to the trust is unenforceable if probable cause exists for instituting proceedings.
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South Carolina § 62-7-605 (Effect of penalty clause for contest.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Deborah Dereede Living Trust dated December 18, 2013 v. Karp
831 S.E.2d 435 (Court of Appeals of South Carolina, 2019)
Legislative History
HISTORY: 2005 Act No. 66, SECTION 1; 2013 Act No. 100, SECTION 2, eff January 1, 2014.
Nearby Sections
15
§ 62-1-100
Effective date.§ 62-1-101
Short title.§ 62-1-102
Purposes; rules of construction.§ 62-1-104
Severability.§ 62-1-105
Construction against implied repeal.§ 62-1-106
Effect of fraud and evasion.§ 62-1-107
Evidence as to death or status.§ 62-1-108
Acts by holder of general power.§ 62-1-111
Authority to award costs and expenses.§ 62-1-112
Inherent power of court.§ 62-1-201
General definitions.§ 62-1-301
Territorial application.