Indiana Statutes

§ 32-17-13-4 — Beneficiary interests in trusts

Indiana·Title 32 PROPERTY·Art. 17 INTERESTS IN PROPERTY·Ch. 13 Liability of Nonprobate Transferees for Creditor Claims
Unless otherwise provided by the trust instrument, interest of beneficiaries in all trusts incurring liabilities under this chapter shall abate as necessary to satisfy the liability as if all of the trust instruments were a single trust.

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Legislative History

As added by P.L.165-2002, SEC.11. Amended by P.L.101-2008, SEC.11.

Nearby Sections

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