Indiana Code 29-1-17-6. Indebtedness of distributee; offset
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Terms Used In Indiana Code 29-1-17-6
- Intestate: Dying without leaving a will.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- Testate: To die leaving a will.
Sec. 6. When a distributee of an estate is indebted to the estate, the amount of the indebtedness if due, or the present worth of the indebtedness, if not due, may be treated as an offset by the personal representative against any testate or intestate property, real or personal, of the estate to which such distributee is entitled; but such distributee shall be entitled to the benefit of any defense which would be available to him in a direct proceeding for the recovery of such debt.
Formerly: Acts 1953, c.112, s.1706.