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Ind. Code § 30-4-4-3

Judgment lien against the trustee or beneficiary

Applied in 2 court decisions — leading case Kesling v. Kesling (2012)

Most recently applied in Kesling v. Kesling (May 2012)

Formerly: Acts 1971, P.L.416, SEC.5.

Sec. 3. (Judgment Lien against the Trustee or Beneficiary)

(a) A judgment against a person individually who may also be a trustee shall not be a lien against the trust estate.

(b) When trust property is properly sold or disposed of by the trustee to a third person, the liens against a beneficiary's interest in the trust estate, if any, will be divested from that property and will attach to the interest of that beneficiary in the proceeds from its sale or other disposition.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.