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Legislative Update

Small estates

March 25, 2022 Filed Under: Probate

S.E.A. 67, P.L. 151

Effective: July 1, 2022

Increases the value of estates that may be distributed via affidavit from $50,000 to $100,000. Increases the threshold for summary procedures for unsupervised estates from $50,000 to $100,000. The introduced version of this bill was prepared by the Probate Code Study Commission.

Read the bill at: http://iga.in.gov/legislative/2022/bills/senate/67

Filed Under: Probate Tagged With: estates

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