Sec. 4. The real and personal property liable for the payment of debts of a decedent shall include all property transferred by him with intent to defraud his creditors or any of them, or transferred by any other means which is in law void as against his creditors or any of them; and the right to recover such property, so far as necessary for the payment of the debts of the decedent, shall be in the personal representative, who shall take such steps as may be necessary to recover the same. Such property shall constitute general assets for the payment of all creditors; but no property so transferred shall be taken from anyone who purchased it for a valuable consideration, in good faith and without knowledge of the fraud.
Formerly: Acts 1953, c.112, s.1304.
Structure Indiana Code
Chapter 13. Collection and Management of Assets
29-1-13-1. Possession of Property; Duties of Personal Representative
29-1-13-1.5. Access to Safe Deposit Box; Duties of Financial Institutions
29-1-13-2. Preserving Estate; Action to Prevent Loss
29-1-13-3. Actions; Trespass; Waste; Costs; Examine Party
29-1-13-4. Fraudulent Conveyances; Recovery
29-1-13-5. Compromise; Debtor or Obligor
29-1-13-6. Real Estate Interest as Personal Assets; Proceeds From Sale of Real Estate
29-1-13-7. Mortgages; Release and Discharge
29-1-13-8. Valueless Property; Abandonment
29-1-13-9. Embezzlement; Conversion
29-1-13-10. Petitions; Concealment; Embezzlement; Conversion; Adverse Interest; Attachment
29-1-13-11. Business of Decedent; Continuing
29-1-13-12. Conveyance or Lease After Death of Decedent
29-1-13-13. Contracts; Performance by Personal Representative
29-1-13-14. Investment of Funds
29-1-13-17. Action to Enforce a Written Demand or Instruction From a Personal Representative