Ind. Code § 29-3-8-6

Current through P.L. 171-2024
Section 29-3-8-6 - Sale or transfer of guardianship property contrary to terms of protected person's will; election of devisee

If:

(1) a guardian sells or transfers during a protected person's lifetime property belonging to the protected person that is specifically devised to another in a will executed by the protected person;
(2) the protected person subsequently dies; and
(3) the devised property is consequently not contained in the protected person's estate following the death of the protected person;

the devisee may, at the devisee's option, elect to receive the value of the devised property, as valued at the time of death of the protected person, as a general devise or the proceeds of the sale or transfer as a specific devise.

IC 29-3-8-6

As added by P.L. 169-1988, SEC.1. Amended by P.L. 33-1989, SEC.72; P.L. 252-2001, SEC.28.