Are there special probate rules for minors?

Yes, there are special probate rules for minors in Indiana. In general, minors under the age of 18 are considered legally incompetent, meaning they are unable to make binding legal decisions. This means that they are unable to sign probate documents, create wills, or submit applications for guardianship without the help of a guardian. In addition, minors are unable to receive inheritances unless a court-appointed guardian manages the inheritance for them. In Indiana, adult guardians are responsible for managing the finances of a minor until they turn 18 or when the guardianship is terminated. If a guardian is appointed, the court will make sure that the guardian is overseeing the property of the minor in accordance with the law. This includes ensuring that the funds are used to benefit the minor, such as for medical care, food, and shelter. When a minor is left an inheritance, it is important to make sure that it is handled correctly and that all legal requirements are met. It is important to have an experienced attorney involved in order to ensure that the probate process is completed properly and any questions that arise are answered.

Related FAQs

What is a probate estate?
What is a lapsed beneficiary?
What do I need to do to open probate?
How can an executor protect themselves from liability?
When is probate required?
What is a will contest?
What is an irrevocable trust?
What are the duties of a trustee?
What is probate avoidance?
What happens if an estate cannot pay its debts?

Are there special probate rules for minors?

Related FAQs

Related Blog Posts