Sec. 2. (a) As used in this chapter, "claimant" means the surviving spouse or a surviving child, to the extent that statutory allowances are affected, or a person who has filed a timely claim in a deceased transferor's probate estate under IC 29-1-14, and is entitled to enforce the claim against a transferee of a nonprobate transfer.
(b) As used in this chapter, "nonprobate transferee" means a person who acquires an interest in property by a nonprobate transfer.
(c) Except as otherwise provided by statute, a transferee of a nonprobate transfer is subject to liability to a deceased transferor's probate estate for:
(1) allowed claims against the deceased transferor's probate estate; and
(2) statutory allowances to the decedent's spouse and children;
to the extent the decedent's probate estate is insufficient to satisfy those claims and allowances.
(d) The liability of the nonprobate transferee may not exceed the value of nonprobate transfers received or controlled by the nonprobate transferee.
(e) The liability of the nonprobate transferee does not include the net contributions of the nonprobate transferee.
As added by P.L.165-2002, SEC.11. Amended by P.L.163-2018, SEC.16.
Structure Indiana Code
Article 17. Interests in Property
Chapter 13. Liability of Nonprobate Transferees for Creditor Claims and Statutory Allowances
32-17-13-2. "Claimant"; "Nonprobate Transferee"; Liability of Nonprobate Transferee
32-17-13-3. Priority of Liability to Probate Estate
32-17-13-4. Beneficiary Interests in Trusts
32-17-13-5. Apportionment of Liability by Instrument
32-17-13-6. Enforcement Proceedings; Jurisdiction
32-17-13-8. Deadline for Commencement of Proceedings
32-17-13-10. Recovery of Value of Nonprobate Transfer From Nonprobate Transferee; Intervention