Indiana Code > Title 30 > Article 1 > Chapter 9 – Resulting Trusts and Powers
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Indiana Code > Title 30 > Article 1 > Chapter 9 - Resulting Trusts and Powers
- Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
- Grantor: The person who establishes a trust and places property into it.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC