Probate: trusts; uniform statutory rule against perpetuities; revise to reflect limitation of the personal property trust perpetuities act to certain property. Amends secs. 3 & 5 of 1988 PA 418 (MCL 554.73 & 554.75). TIE BAR WITH: HB 4033'25

Michigan House Bill 4034 aims to modify the Uniform Statutory Rule Against Perpetuities, which governs the duration of certain trusts, to limit its application to specific types of property. This change aligns with the Personal Property Trust Perpetuities Act, ensuring that the rule applies only to certain property types. The bill amends sections 3 and 5 of 1988 Public Act 418 (MCL 554.73 and 554.75). It is tied to House Bill 4033'25. ([legiscan.com](https://legiscan.com/MI/bill/HB4034/2025?utm_source=openai))

The bill has received bipartisan support, passing the House with 106 votes in favor and none against. This strong approval suggests a consensus on the importance of updating trust laws to reflect current property classifications. ([legiscan.com](https://legiscan.com/MI/rollcall/HB4034/id/1559717?utm_source=openai))

No significant negative media coverage or opposition has been reported regarding this bill.