Indiana Code 32-17.5-7-3. Interest in testamentary trust
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Sec. 3. A disclaimer of an interest in a testamentary trust must be:
(2) delivered to the personal representative of the decedent‘s estate if no trustee is then serving; or
(1) delivered to the trustee then serving;
Terms Used In Indiana Code 32-17.5-7-3
- Decedent: A deceased person.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Trustee: A person or institution holding and administering property in trust.
(3) filed with a court having jurisdiction to enforce the trust if no personal representative is then serving.
As added by P.L.5-2003, SEC.1.