The Senate Judiciary Committee heard HB 1088 on various probate matters, sponsored by Sen. Brown and authored by Rep. Jeter. The bill: The Indiana State Bar Association Probate, Trust, and Real Property Section testified in support of the bill. An attorney testified in support but expressed concerns about possible fraudulent creditor claims. The bill passed 8-0. Read … [Read more...] about Various probate matters
wills
Various probate matters
The House Judiciary Committee heard HB 1088 authored by Rep. Jeter on various probate matters. The introduced version of this bill was prepared by the Probate Code Study Commission. This bill: The bill was amended by consent to clarify text in sections of the bill. The Indiana State Bar Association Probate, Trust, and Real Property Section testified in support of the … [Read more...] about Various probate matters
Various probate matters
S.E.A. 18, P.L. 99 Effective: July 1, 2024 The introduced version of this bill was prepared by the Probate Code Study Commission. Read the bill at: https://iga.in.gov/legislative/2024/bills/senate/18 … [Read more...] about Various probate matters
Rule against perpetuities
H.E.A. 1209, P.L. 61 Effective: July 1, 2024 Adds provisions regarding a second power of appointment. Extends the period of time for which certain nonvested property interests are valid from 90 years to 360 years after the interest is created. Extends the period of time for which certain powers of appointment are valid under specified conditions from 90 years to 360 … [Read more...] about Rule against perpetuities
Various probate matters
The House Judiciary Committee heard SB 18 concerning various probate matters sponsored by Rep. Torr and authored by Sen. Brown. The introduced version of this bill was prepared by the probate code study commission. The bill provides: The Committee adopted an amendment by consent that removes the requirement that a small estate affidavit be sent into the Medicaid unit and … [Read more...] about Various probate matters