Creditors’ rights

The Senate Judiciary Committee heard SB 247 on creditors’ rights, authored by Sen. Koch. The bill makes various changes to Medicaid, probate, and trust law relating to creditors’ claims, claims against non-probate transferees, and no contest provisions in wills and trusts.

The bill was amended by consent to make numerous amendments to language relating to creditors’ claims and claims against non-probate transferees. The bill was supported by the Indiana State Bar Association Probate Section and the Office of Attorney General. The amended bill passed 8-1.

Read the bill at http://iga.in.gov/legislative/2018/bills/senate/247