The Senate Judiciary Committee heard SB 247 on creditors’ rights, authored by Sen. Koch. The bill makes various changes to Medicaid, probate, and trust law relating to creditors' claims, claims against non-probate transferees, and no contest provisions in wills and trusts. The bill was amended by consent to make numerous amendments to language relating to creditors' claims and c … [Read more...] about Creditors’ rights
trusts
Electronic powers of attorney, trusts, and wills
The House Judiciary Committee heard HB 1303 concerning electronic powers of attorney, trust, and wills authored by Rep. Steuerwald. The bill adds new chapters to the Indiana Code that provide parameters for creating electronic powers of attorney, trusts, and will documents as another option for creating these documents in addition to the traditional processes currently used. A … [Read more...] about Electronic powers of attorney, trusts, and wills
Probate and trust matters
The Senate Judiciary Committee heard HB 1407, sponsored by Sen. Bray and Sen Koch, on probate and trust matters. The bill makes various changes to probate and trust laws concerning contesting of wills, the size of unsupervised estates, authorization of certain acts by a trustee, and the consideration of the requests of de facto custodians and living parents of incapacitated persons … [Read more...] about Probate and trust matters
Probate and trust matters
The House Judiciary Committee heard Rep. Washburne’s HB 1407 which makes various changes to probate and trust matters concerning contesting of wills, the size of unsupervised estates, authorization of certain acts by a trustee, the consideration of the requests of de facto custodians and living parents of incapacitated persons in the appointment of guardians, and in custody o … [Read more...] about Probate and trust matters
Various probate and trust matters
S.E.A. 355, P.L. 81-2015 Effective: July 1, 2015 Provides that a trust may incorporate by reference a document that exists at the time the trust is executed. Specifies that funeral expenses and expenses of a tombstone are expenses of administration. Expands the definition of "person" in certain cases under the probate code to include governmental entities and other legal entities. … [Read more...] about Various probate and trust matters