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Get Hb 1153-1 Filed 04/28/2005, 17:20 Adopted 4/28/2005 Conference Committee Report Digest For Ehb 1153

5-29; IC 30-3-4-1; IC 30-4; IC 30-5; IC 32-17.5-4-1; IC 32-29-7-3; IC 33-37-5-2; IC 34-30-2; IC 34-54-11-2. Synopsis: Will depository, probate, trust, and inheritance tax matters. Provides that a subsequent childless spouse's share of a deceased individual's real property is calculated less liens and encumbrances. Allows custodial property to be transferred under the Uniform Transfers to Minors Act to a trust if the minor is the sole beneficiary and the trust terms meet Internal Revenue Code re.

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