Simplified Probate for Small Estates in Indiana
Special procedures for handling small estates in Indiana
Special procedures for handling small estates in Indiana
In general, when someone dies, the estate must go through probate which can be a complicated and lengthy process. But many states provide less complicated options for smaller estates.Indiana law provides for simplified probate when the value of the gross probate estate less liens and encumbrances does not exceed $50,000 plus the costs and expenses of administration and reasonable funeral expenses. Then the decedent's personal representative may, without giving notice to creditors, immediately disburse and distribute the estate to the persons entitled to it, and then file a closing statement with the court. Read more