Sec. 16. Absent clear and convincing evidence otherwise, a settlor of an irrevocable trust may not be considered the alter ego of a trustee. The following factors, alone or in combination, are not sufficient evidence to conclude that the settlor controls a trustee or is the alter ego of the trustee:
(1) Any combination of the factors listed in section 15 of this chapter.
(2) Isolated occurrences of the settlor signing checks, making disbursements, or executing other documents related to the trust as a trustee when the settlor is, in fact, not a trustee.
(3) Requesting a trustee to make distributions on behalf of a beneficiary.
(4) Requesting a trustee to hold, purchase, or sell any trust property.
As added by P.L.6-2010, SEC.16.
Structure Indiana Code
Title 30. Trusts and Fiduciaries
Chapter 2.1. Rules for Interpretation of Trusts
30-4-2.1-3. No Contest Provision Enforceable; Exceptions
30-4-2.1-4. Children Born After Trust's Creation
30-4-2.1-5. Mistaken Belief That Settlor's Child Deceased
30-4-2.1-6. Void, Revoked, or Lapsed Devise
30-4-2.1-7. Beneficiary Predeceases Settlor
30-4-2.1-8. Kindred of the Half Blood
30-4-2.1-9. Applicability of Adultery and Abandonment Forfeiture Provisions
30-4-2.1-11. Written Statement or List Disposing of Tangible Personal Property
30-4-2.1-11.1. Trust Referencing Writing; Effect to Be Given to Writing
30-4-2.1-12. Order of Abatement; Other Rules Governing Abatement
30-4-2.1-14. Rules of Interpretation Concerning Discretionary Interests
30-4-2.1-14.5. "Discretionary Interest"; Rules of Construction
30-4-2.1-15. Rules of Interpretation Concerning a Beneficiary's Influence Over a Trust
30-4-2.1-16. Rules of Interpretation Concerning a Trustee's Independence From the Settlor