Trusts - As enacted, establishes as a default rule of state trust law that a beneficiary is a non-fiduciary unless appointed in such capacity, and makes certain other changes relative to trusts. - Amends TCA Title 30 and Title 35.

HB 817 changes Tennessee trust law to clarify beneficiary roles and streamline trust administration. It establishes that beneficiaries are non-fiduciaries by default unless formally appointed, and sets strict deadlines for contesting trust validity (within two years of the settlor’s death or 120 days after the trustee provides written notice). The bill updates electronic notice rules, allowing trust information to be delivered via email or online platforms if beneficiaries consent, and requires trustees to send specific notices about trust existence and contest deadlines. These changes directly affect trust beneficiaries, trustees, and courts handling trust disputes, aiming to reduce confusion and delays in trust administration. The law takes effect July 1, 2025.