Sec. 7. Unless the decedent's will provides otherwise, all income received by the personal representative during the administration of the estate shall constitute an asset of the estate the same as any other asset and the personal representative shall disburse, distribute, account for and administer said income as a part of the corpus of the estate.
Formerly: Acts 1953, c.112, s.1707.
Structure Indiana Code
Chapter 17. Distribution and Discharge
29-1-17-2. Final Accounts; Decree of Final Distribution
29-1-17-3. Abatement of Distributee Shares
29-1-17-4. Abatement of Distributee Shares; Contribution by Legatees and Devisees
29-1-17-6. Indebtedness of Distributee; Offset
29-1-17-7. Income Received During Administration
29-1-17-8. General Legacies; Interest
29-1-17-9. Specific Devise; Liens
29-1-17-11. Undivided Interests; Distribution, Partition
29-1-17-12. Unclaimed Estate Assets; Disposition Procedures; Escheat; Time Limit; Exceptions
29-1-17-13. Supplemental Reports; Discharge; Limitation of Actions
29-1-17-13.5. Distribution of Assets From Certain Solvent Supervised Estates
29-1-17-15.1. Petition to Determine Heirs of Estate; Contents; Notice; Hearing; Decree