§ 30-4-4-4 — Disclosure of information concerning beneficiaries

Indiana § 30-4-4-4

• Jurisdiction: Indiana
• Art. 4: TRUST CODE
• Ch. 4: Rules Governing the Rights of Third Parties

Text

(Disclosure of Information Concerning
Beneficiaries)
(a) Any person may petition the court for disclosure of information
concerning beneficiaries or the trust estate. The court may order the
disclosure of all or any part of the information requested in the petition
only after the petitioner has shown both a reasonable need for it and
that the trustee has either refused or neglected to provide the
information on written request delivered to the trustee.
(b) The court shall, upon petition, order the disclosure of the identity
of the beneficiaries or their agents, if any, and any other information
concerning the trust, in any case in which:
(1) in a trust of real estate, there is a violation of a state law or an
ordinance or resolution of a political subdivision relating to the
structure or condition of buildings, or the health and safety of
occupants of or visitors to buildings; or
(2) there has been or may be a deed, sale, lease, purchase,
mortgage, assignment or similar transfer of any interest in trust
property to or from any unit of state or local government or
agency or official thereof;
and the trustee has refused to disclose the identities of the beneficiaries
within a reasonable time after written demand.
Formerly: Acts 1971, P.L.416, SEC.5.