Sec. 31. (a) The
probate court shall hear and determine questions and issue appropriate orders concerning the determination of the
beneficiary who is entitled to receive a transfer on death transfer and the proper share of each beneficiary.
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Terms Used In Indiana Code 32-17-14-31
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Probate: Proving a will
- Property: includes personal and real property. See Indiana Code 1-1-4-5
(b) The probate court shall hear and determine questions and issue appropriate orders concerning any action to:
(1) obtain the distribution of any money or property from a transferring entity; or
(2) with respect to money or property that was improperly distributed to any person, obtain the return of:
(A) any money or property and income earned on the money or property; or
(B) an amount equal to the sum of the value of the money or property plus income and gain realized from the money or property.
As added by P.L.143-2009, SEC.41.