IN SB0145 | 2018 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 3 2018 - 25% progression, died in committee
Action: 2018-01-03 - First reading: referred to Committee on Judiciary
Pending: Senate Judiciary Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Probate matters. Provides that the $25,000 allowance to which a spouse of a decedent is entitled from the decedent's estate is subordinate to any specific liens on the tangible personal property and real property of the estate that were perfected before the date of the decedent's death. Repeals laws that: (1) impose a three-month delay for certain creditor actions, including foreclosures; and (2) require that a personal representative be named in any suit by a creditor against an estate.

Tracking Information

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Title

Probate matters. Provides that the $25,000 allowance to which a spouse of a decedent is entitled from the decedent's estate is subordinate to any specific liens on the tangible personal property and real property of the estate that were perfected before the date of the decedent's death. Repeals laws that: (1) impose a three-month delay for certain creditor actions, including foreclosures; and (2) require that a personal representative be named in any suit by a creditor against an estate.

Sponsors


History

DateChamberAction
2018-01-03SenateFirst reading: referred to Committee on Judiciary
2018-01-03SenateAuthored by Senator Zay

Indiana State Sources


Bill Comments

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