Sec. 8. Upon the approval of the account of a personal
representative, the personal representative and his sureties shall,
subject to the right of appeal and to the power of the court to vacate its
final orders, be relieved from liability for the administration of his trust
during the accounting period, including the investment of the assets of
the estate. The court may disapprove the account in whole or in part
and surcharge the personal representative for any loss caused by any
breach of duty.
Formerly: Acts 1953, c.112, s.1608.
Notes of Decisions
Inlow v. Henderson, Daily, Withrow & DeVoe, 787 N.E.2d 385 (Ind. Ct. App. 2003).
· cites it 2× “Ind.Code § 29-1-16-8. In conclusion, the Probate Code specifically cireumseribes the instances when heirs may inject themselves into the administration of the estate.”
In the Matter of Est. of Kingseed, 413 N.E.2d 917 (Ind. Ct. App. 1980).
“They further contend the special judge’s jurisdiction was “limited” by Ind.Code 29-1-16-8, 4 which provides for the approval or disapproval of an executor’s accounting, and conclude in their brief: “Since the estate was not in a condition to be closed, and since estate…”
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