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Ind. Code § 32-17.5-2-1

"Beneficiary designation"

Known as the Uniform Disclaimer of Property Interests Act

The act spans §§ 32-17.5-10-1 to 32-17.5-9-1 (49 sections).

Applied in 1 court decision — leading case Estate of Highfill v. Highfill (2005)

Most recently applied in Estate of Highfill v. Highfill (December 2005)

As added by P.L.5-2003, SEC.1.

Sec. 1. "Beneficiary designation" means an instrument, other than an instrument creating a trust, naming the beneficiary of:

(1) an annuity or insurance policy;

(2) an account with a designation for payment on death;

(3) a security registered in beneficiary form;

(4) a pension, profit sharing, retirement, or other employment related benefit plan; or

(5) any other nonprobate transfer at death, except for property held as joint tenants with rights of survivorship or as tenants by the entireties.

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