For amend and vote only, the Senate Judiciary Committee heard Sen. Head’s SB 265 on various trust matters. The bill does the following: defines "designated representative", "judicial proceeding", and "nonjudicial matter" for purposes of the trust code provides that a protective provision in a legacy trust prevents a creditor of the settlor from satisfying a claim from the se … [Read more...] about Various trust matters
trusts
Electronic powers of attorney, trusts, and wills
H.E.A. 1303, P.L. 40 Effective: July 1, 2018 Allows a testator to execute an electronic will. Specifies requirements pertaining to the: (1) creation; (2) attestation; and (3) execution; of an electronic will. Allows video recordings of an electronic will's execution to be used for demonstrating: (1) proper execution of a will; (2) testator intent; (3) the mental state of a testator; … [Read more...] about Electronic powers of attorney, trusts, and wills
Creditors’ rights
The House Judiciary Committee heard SB 247 concerning creditors’ rights sponsored by Rep. Steuerwald. The bill makes various changes to probate and trust law relating to creditors' claims, claims against non-probate transferees, and no contest provisions in wills and trusts and conforming changes. Testimony was presented by Rep. Koch in support of the proposed amendment which was a … [Read more...] about Creditors’ rights
Creditors’ rights
The House Judiciary Committee heard SB 247 sponsored by Rep. Steuerwald on creditors’ rights. The bill makes changes to probate and trust law relating to creditors’ claims, claims against non-probate transferees, and generally authorizes no contest provisions in wills and trusts. Testimony was heard in support of the bill from members of the Indiana State Bar Association. The Office … [Read more...] about Creditors’ rights
Electronic powers of attorney, trusts, and wills
The Senate Judiciary Committee heard HB 1303 sponsored by Sens. Bray, Lanane and Zakas on electronic powers of attorney, trusts, and wills. The bill: allows the electronic creation and execution of wills, trust instruments, and powers of attorney. It also specifies requirements pertaining to the creation, attestation, and execution of an electronic will; allows video recordings o … [Read more...] about Electronic powers of attorney, trusts, and wills