Indiana § 30-4-8-4 Requirements

Indiana Statutes

§ 30-4-8-4 — Requirements

Indiana § 30-4-8-4

Art. 4TRUST CODE

Ch. 8Legacy Trusts

This text of Indiana § 30-4-8-4 (Requirements) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 30-4-8-4 (2026).

Text

A legacy trust must do the following:

(1)Provide for the appointment of at least one (1) qualified trustee for the property that is the subject of a qualified disposition.

(2)Expressly incorporate Indiana law to govern the validity, construction, and administration of the trust.

(3)Be irrevocable.

(4)Provide that the interests of the transferor or beneficiary in the trust property or the income from the trust property may not voluntarily or involuntarily be transferred, assigned, pledged, or mortgaged before the qualified trustee actually distributes the property or income to the beneficiary.

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A legacy trust must do the following:
(1) Provide for the appointment of at least one (1) qualified
trustee for the property that is the subject of a qualified
disposition.
(2) Expressly incorporate Indiana law to govern the validity,
construction, and administration of the trust.
(3) Be irrevocable.
(4) Provide that the interests of the transferor or beneficiary in the
trust property or the income from the trust property may not
voluntarily or involuntarily be transferred, assigned, pledged, or
mortgaged before the qualified trustee actually distributes the
property or income to the beneficiary.