Indiana Code
Ind. Code § 29-1-16-2 (2025)
Closing estate; final account
✓ 2025 Indiana Code: the 2026 session is not included
Sec. 2. Every personal representative shall close the estate as promptly as possible. Unless for good cause shown the time for filing the final account in the estate shall not exceed one (1) year from the appointment of a personal representative.
Formerly: Acts 1953, c.112, s.1602.
Notes of Decisions
Cited in 4
cases, 1980–2011 · leading case: New v. Pers. Rep. of the Est. of New, 938 N.E.2d 758 (Ind. Ct. App. 2010).
New v. Pers. Rep. of the Est. of New, 938 N.E.2d 758 (Ind. Ct. App. 2010). “" IC. § 29-1-16-2. As we have noted before: When a statute is ambiguous, we are compelled to ascertain and execute legislative intent and to interpret the statute in such a manner as to prevent absurdity and difficulty and prefer public convenience.”
In the Matter of Est. of Kingseed, 413 N.E.2d 917 (Ind. Ct. App. 1980). “Under the circumstances we cannot say the date was erroneous as a matter of law. During 1970, the first year of the estate’s administration, Wolff had filed a will contest which rendered partial distribution in 1970 inadvisable.”
D.R. v. Carey Servs., Inc., 942 N.E.2d 148 (Ind. Ct. App. 2011). “” I.C. § 29-1-16-2. The personal representative of the estate of a deceased is to preserve the assets of the estate in order to distribute the assets of the estate completely and efficiently for the benefit of creditors and the deceased’s heirs and devisees.”
In re Guardianship of JY, 942 N.E.2d 148 (Ind. Ct. App. 2011). “" I.C. § 29-1-16-2. The personal representative of the estate of a deceased is to preserve the assets of the estate in order to distribute the assets of the estate completely and efficiently for the benefit of creditors and the deceased's heirs and devisees.”
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