Sec. 4. (a) Unless prohibited by order of the court and except for estates being administered in supervised administration proceedings, a personal representative may close an estate by filing with the court no earlier than three (3) months after the date of the first published notice to creditors under IC 29-1-7-7(b), a verified statement stating that the personal representative, or a prior personal representative, has done the following:
(1) Published notice to creditors as provided in IC 29-1-7-7(b), and that the first publication occurred more than three (3) months prior to the date of the statement.
(2) Provided notice to creditors as required under IC 29-1-7-7(c) and IC 29-1-7-7(d).
(3) Fully administered the estate of the decedent by making payment, settlement, or other disposition of all claims which were presented, expenses of administration and estate, inheritance, and other death taxes, except as specified in the statement. If any claims remain undischarged, the statement shall:
(A) state whether the personal representative has distributed the estate, subject to possible liability, with the agreement of the distributees; or
(B) detail other arrangements which have been made to accommodate outstanding liabilities.
(4) Executed and recorded a personal representative's deed for any real estate owned by the decedent.
(5) Distributed all the assets of the estate to the persons entitled to receive the assets.
(6) Sent a copy of the statement to:
(A) all distributees of the estate; and
(B) all creditors or other claimants of whom the personal representative has actual knowledge whose claims are neither paid nor barred and has furnished a full account in writing of the personal representative's administration to the distributees whose interests are affected, unless waived in writing.
(7) Provided the court with the names and addresses of all distributees, creditors, and claimants to whom the personal representative has sent a copy of the statement under subdivision (6).
(b) If no proceedings involving the personal representative are pending in the court three (3) months after the closing statement is filed, the appointment of the personal representative terminates and the estate is closed by operation of law.
Formerly: Acts 1975, P.L.288, SEC.11. As amended by P.L.154-1990, SEC.7; P.L.130-1992, SEC.7; P.L.252-2001, SEC.15; P.L.194-2017, SEC.2.
Structure Indiana Code
29-1-7.5-0.1. Application of Certain Amendments to Chapter
29-1-7.5-1. Persons Entitled to Petition; Notice to Creditors
29-1-7.5-1.5. Notice to Distributees
29-1-7.5-2. Conditions to Grant of Petition; Collateral Attack; Revocation
29-1-7.5-2.5. Personal Representative's Bond
29-1-7.5-3. Powers of Personal Representative to Act Without Order of Court
29-1-7.5-3.4. Distribution of Real Property
29-1-7.5-3.6. Conveyance of Real Property
29-1-7.5-3.8. Prompt Closing of Estates
29-1-7.5-4. Closing Estate; Procedures; Termination of Appointment of Personal Representative
29-1-7.5-4.5. Uncontested Closing Statements; Audits and Inquiries
29-1-7.5-5. Undischarged Claims; Actions Against Distributees; Contribution
29-1-7.5-6. Claims Against Personal Representatives; Limitation
29-1-7.5-7. Claims Against Distributees; Limitation
29-1-7.5-8. Subsequently Discovered Estate; Appointment of Personal Representative