Missouri Revised Statutes
Chapter 461 - Nonprobate Transfers Law
Section 461.043 - Beneficiary designation designating a trustee under trust not invalid because trust is amendable or revocable — trust that is revoked, terminated or does not exist at death of owner, effect.

Effective - 28 Aug 1995
461.043. Beneficiary designation designating a trustee under trust not invalid because trust is amendable or revocable — trust that is revoked, terminated or does not exist at death of owner, effect. — 1. A beneficiary designation designating a trustee under a trust established or to be established by the owner or some other person, including a funded or unfunded trust, shall not be invalid because the trust is amendable or revocable or both or because the trust was amended after the designation.
2. Unless a beneficiary designation provides otherwise, a trust that was revoked or terminated before the death of the owner shall be deemed not to have survived the owner.
3. Unless a beneficiary designation provides otherwise, a legal entity or trust that does not exist or come into existence at the time of the owner's death shall be deemed not to have survived the owner.
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(L. 1995 S.B. 116)

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Structure Missouri Revised Statutes

Missouri Revised Statutes

Title XXXI - Trusts and Estates of Decedents and Persons Under Disability

Chapter 461 - Nonprobate Transfers Law

Section 461.001 - Transfers on death, certain provisions deemed nontestamentary, exceptions.

Section 461.003 - Law, how cited.

Section 461.005 - Definitions.

Section 461.009 - Nonprobate transfers not subject to requirements of a will — effect with or without consideration.

Section 461.011 - Transferring entity acting as agent for owner subject to nontransfer law, agency does not end with death of owner, duties.

Section 461.012 - Nonprobate transfers subject to agreement of transferring entity, when.

Section 461.014 - Transferring entity, obligation resulting from acceptance and registration.

Section 461.021 - Beneficiary designation under written instrument or law, effect.

Section 461.023 - Assignments effective on death of owner — delivery, effect.

Section 461.025 - Deeds effective on death of owner — recording, effect.

Section 461.026 - Procedure to transfer tangible personal property to take effect on death of owner.

Section 461.027 - Transferor may directly transfer property to a transferee to hold as owner in beneficiary form — transferee shall be owner of property for all purposes — transfer effective, when.

Section 461.028 - Registration of property, including accounts and securities in beneficiary form, effect.

Section 461.031 - Effect of beneficiary designation on ownership of property during lifetime and at death.

Section 461.033 - Revocation or change of beneficiaries designation.

Section 461.035 - Agents may not make, revoke or change beneficiary unless document establishes agent's right or court order authorizes — authorized withdrawals may extinguish beneficiary's right to transfer.

Section 461.037 - Property designated for a beneficiary if lost, destroyed, damaged or involuntarily converted, during owner's lifetime, effect.

Section 461.039 - Effect of collateral conveyances or liens on property subject to nonprobate transfer.

Section 461.042 - Survival required.

Section 461.043 - Beneficiary designation designating a trustee under trust not invalid because trust is amendable or revocable — trust that is revoked, terminated or does not exist at death of owner, effect.

Section 461.045 - Lineal descendant substitutes.

Section 461.048 - Disclaimer.

Section 461.051 - Marriage dissolution or annulment — revocation of transfer to former spouse or relative of spouse, exception — remarriage to spouse, nullification of annulment, effect, relative of the owner's spouse, defined.

Section 461.054 - Disqualification for fraud, duress and undue influence and causing owner's death — proceeding to determine disqualification.

Section 461.059 - Omitted spouse or child, probate rules do not apply — after-born child or after-adopted child, effect on nonprobate transfers.

Section 461.062 - Nonprobate transfer rules.

Section 461.065 - Transferring entity, protection.

Section 461.067 - Rights of owners and beneficiaries — improper distribution, liability of distributee — purchasers from distributee protected.

Section 461.071 - Rights of creditors.

Section 461.073 - Scope and application of law.

Section 461.076 - Jurisdiction of probate division of circuit court.

Section 461.079 - Beneficiary designation valid under law of another state enforceable in Missouri — effect of transfer determined by local law selected in document or designation.

Section 461.081 - Nonprobate transfer laws to be effective when — prior transfers to be valid.

Section 461.300 - Recipients of recoverable transfer to pay pro rata share of all property received to cover statutory allowances and claims due estate, enforced by action for accounting, time limitation — action effect on transferring entity.