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Legislative Update

Accounting by attorney in fact

May 17, 2019 Filed Under: Probate

S.E.A. 223, P.L. 151
Effective: July 1, 2019
Provides that an attorney in fact is required to render and deliver a written accounting if requested by a person who jointly owns an account with the principal. Provides that an attorney in fact may not render and deliver an accounting to the child of the principal, if a court has determined that the rendering and delivery of an accounting is not in the best interests of the principal.
Read the bill at: http://iga.in.gov/legislative/2019/bills/senate/223

Filed Under: Probate Tagged With: power of attorney, trusts

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