Ind. Code § 32-17-14-5

Current through P.L. 171-2024

Section 32-17-14-5 - General rules concerning transfer on death transfers

A transfer on death transfer:

(1) is effective with or without consideration;

(2) is not considered testamentary;

(3) is not subject to the requirements for a will or for probating a will under IC 29-1; and

(4) may be subject to an agreement between the owner and a transferring entity to carry out the owner's intent to transfer the property under this chapter.

IC 32-17-14-5

As added by P.L. 143-2009, SEC.41.