Sec. 1. The purpose of this chapter is to provide rules for the valid execution, amendment, and revocation of inter vivos trusts that are prepared and signed electronically. This chapter shall be applied fairly and flexibly so that a settlor whose identity can be verified, who has capacity, and who is acting free from undue duress and undue influence may execute a valid electronic trust instrument consistent with the settlor's intent. If an electronic trust instrument is electronically signed by the settlor and is maintained as an electronic record or as a complete converted copy in compliance with the rules of this chapter, the normal presumptions that apply to a traditional paper trust instrument apply to the electronic trust instrument.
As added by P.L.40-2018, SEC.3.