The following probate law bill passed out of its originating house: SB 287 Various probate and trust matters … [Read more...] about Mid-Session: Probate Law
Probate
Various probate and trust matters
The Senate Judiciary Committee heard SB 287 authored by Sen. Freeman on various probate and trust matters. The bill provides: Representatives from the Indiana State Bar and the Central Indiana Area on Aging testified in support of the bill. The bill was amended to provide: The amended bill passed 10-1. Read the bill at … [Read more...] about Various probate and trust matters
2022 Legislative Session Digest
This is the final installment of the Legislative Update for the 2022 legislative session. This installment contains summaries of select bills of interest or portions of bills that were signed into law. Civil Law Newborn safety device (S.E.A. 185, P.L. 107) Agritourism activities (S.E.A. 343, P.L. 63) Controllable electronic records (S.E.A. 351, P.L. 110) Protective … [Read more...] about 2022 Legislative Session Digest
Solvent supervised estates
S.E.A. 66, P.L. 150 Effective: July 1, 2022 Sets forth procedures for the distribution of assets in a solvent supervised estate after a final distribution has been entered in certain circumstances.Allows a distributee to distribute assets described in the decree of final distribution by filing an affidavit with the court.Provides that undistributed real property may be … [Read more...] about Solvent supervised estates
Small estates
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: … [Read more...] about Small estates