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Indiana Code Title 32. Property § 32-17-14-13

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Sec. 13. (a) A transferor of property, with or without consideration, may execute a written instrument directly transferring the property to a transferee to hold as owner in beneficiary form.

(b) A transferee under an instrument described in subsection (a) is considered the owner of the property for all purposes and has all the rights to the property provided by law to the owner of the property, including the right to revoke or change the beneficiary designation.

(c) A direct transfer of property to a transferee to hold as owner in beneficiary form is effective when the written instrument perfecting the transfer becomes effective to make the transferee the owner.

Cite this article: FindLaw.com - Indiana Code Title 32. Property § 32-17-14-13 - last updated June 08, 2021 | https://codes.findlaw.com/in/title-32-property/in-code-sect-32-17-14-13/


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