Indiana Notice to Creditors and Other Parties in Interest

State:
Indiana
Control #:
IN-B-2050
Format:
PDF
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Description

Notice to Creditors and Other Parties in Interest

Indiana Notice to Creditors and Other Parties in Interest is a legal document issued by a court in the state of Indiana to notify creditors and other interested parties of a person's death or disability. This notice serves to inform creditors and other parties in interest of the decedent's assets, debts, and liabilities. It also contains information on how to file a claim against the decedent's estate, and whether the estate is subject to probate. There are two types of Indiana Notice to Creditors and Other Parties in Interest. The first is the Notice of Death, which is issued when a decedent passes away. The second is the Notice of Disability, which is issued when a decedent becomes incapacitated. Both notices contain similar information, but the Notice of Disability includes additional information about the decedent's disability and how it affects their estate.

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FAQ

(1) The power to receive property payable to the minor or the minor's parent, guardian, or custodian from any source, including any statutory benefit, insurance system, or private contract, devise, trust, or custodianship.

(b) Whenever a minor has a disputed claim against another person, whether arising in contract, tort, or otherwise, and a guardian for the minor and the minor's property has not been appointed, the parents of the minor may compromise the claim.

The court, on petition by any person or on its own motion, may appoint a temporary guardian for the incapacitated person or minor for a specified period not to exceed ninety (90) days.

(1) The power to receive property payable to the minor or the minor's parent, guardian, or custodian from any source, including any statutory benefit, insurance system, or private contract, devise, trust, or custodianship.

Section 29-1-7-23 - Real and personal property; devolution; prima facie evidence (a) When a person dies, the person's real and personal property passes to persons to whom it is devised by the person's last will or, in the absence of such disposition, to the persons who succeed to the person's estate as the person's

Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.

Definitions. 29-3-1-7.5. "Incapacitated person" (3) has a developmental disability (as defined in IC 12-7-2-61).

Temporary restraining order: Prohibits a person from an action that is likely to cause irreparable harm.

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Indiana Notice to Creditors and Other Parties in Interest