Sec. 1. This chapter applies to a person who holds a power of appointment under any of the following:

(1) A last will and testament of a decedent.

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Terms Used In Indiana Code 32-17-6-1

  • Contract: A legal written agreement that becomes binding when signed.
  • Decedent: A deceased person.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Inter vivos: Transfer of property from one living person to another living person.
(2) A deed.

(3) An indenture of trust inter vivos.

(4) An insurance policy.

(5) Any other contract or instrument.

[Pre-2002 Recodification Citation: 32-3-1-1 part.]

As added by P.L.2-2002, SEC.2.