Creating a last will and testament is crucial in planning the distribution of your estate (assets, including real and personal property) after your death. An Indiana will gives the testator, the person writing the will, the opportunity to ensure that a spouse, children, other loved ones, and even pets are taken care of after his death. You may also choose to leave property or make other gifts to charitable organizations through your Indiana will.
In contrast to a last will and testament, a living will dictates instructions to be followed should you become incapacitated and incapable of making decisions regarding your health and medical care. An Indiana living will would take effect during a person’s life if necessary, while a last will and testament does not take effect until after the testator’s death.
Do you need a last will and testament?
Although a last will and testament is not legally required, without a will, state laws (called laws of intestacy) will determine the distribution of the deceased’s assets. The outcome may not coincide with the decedent's (the person who passed away) wishes, however, which means it is generally advisable to create a last will and testament.
One of the greatest benefits of having a last will and testament is that it allows the testator—the person creating and signing the will—to choose who will be responsible for carrying out the wishes contained in the will. If there is no will, the courts would make the decision instead. The person who oversees the will is called the “executor.”
A testator can use a will for various purposes, but the most important is to express how assets, such as homes, vehicles, business holdings, and bank accounts, should be divided upon the testator’s death. An Indiana last will and testament can also allow you to name someone as the legal guardian of your children.
Moreover, in addition to testamentary trusts (trusts that provide a benefit for people), Indiana law specifically allows for the creation of a trust for the care of animals alive during the settlor’s lifetime (“pet trust”); such a trust terminates upon the death of the last surviving animal. An Indiana will gives you the option of caring for your animals after your death in this manner.
Before the terms of a will can be accepted, the will must be proven in probate court. Probate is the court-supervised process of distributing the estate of a deceased person. Once the will is proven valid in probate court, the executor can then pay off any debts and taxes owed by the estate and then distribute the testator’s property according to the will.
For estates of small value (no more than $50,000), Indiana has two simplified probate processes:
- The personal representative distributes assets according to the will and then files a closing statement with the court.
- Anyone inheriting property, aside from real estate, from the decedent presents an affidavit explaining his or her entitlement to the institution that possesses the property; that institution then turns the property over to the beneficiary.
Otherwise, the executor of an Indiana will must file a “petition for probate” with the probate court to request letters testamentary. From there, the personal representative can proceed with the administration of the estate.
Intestacy: Dying without a will
Someone who dies without a will is called “intestate,” which invokes the laws of intestacy. In Indiana, in the absence of a will, a surviving spouse's share of a decedent’s estate depends on whether there are also surviving children or parents.
If there are surviving descendants shared by the spouse and the decedent, the spouse is entitled to 1/2 of the intestate property and one-quarter of the fair market value of real estate (minus any liens or encumbrances); the children inherit the rest. If the decedent is survived by both a spouse and parents (but no children), the spouse receives three-quarters of the decedent’s intestate property, and the parents inherit the remainder.
If there is no surviving spouse, children, or parents, Indiana laws of intestacy grant shares of the decedent’s estate to siblings, grandparents, aunts, and uncles; the closer the relative, the higher the priority to inherit.
As you can see, if you would like to have control over the distribution of your assets and avoid the application of intestacy laws, it is essential that you have a valid Indiana will.
Exceptions to the ability to distribute property
Not all property you own can be distributed through an Indiana will. For example, property that is owned in joint tenancy with the right of survivorship cannot be devised by will. The beneficiary of a life insurance policy may also not be changed through a will.
Form a last will in Indiana
The basic requirements for an Indiana last will and testament include the following:
- Age: The testator must be at least 18 years old or younger if a member of the armed forces or merchant marines of the United States or its allies.
- Capacity: The testator must be of sound mind.
- Signature: The will must be signed by the testator or by someone else at the testator's direction and in the testator's presence.
- Witnesses: At least two witnesses must sign an Indiana last will and testament in order for it to be valid. The witnesses must sign after witnessing the testator sign the will (or acknowledgment).
- Writing: Indiana wills may be written or oral, as more fully described below.
- Beneficiaries: An Indiana will may dispose of property to any beneficiary.
Other types of recognized wills
In addition to written wills, Indiana recognizes a nuncupative, or oral, will. A nuncupative will may be recognized in Indiana only if made by someone in “imminent peril of death, whether from illness or otherwise.” Such a will is valid only if the testator then dies of that impending peril, and the will must be:
- Declared to be his will by the testator before two disinterested witnesses;
- Reduced to writing by or under the direction of one of the witnesses within 30 days after such declaration; and
- Submitted for probate within six months after the death of the testator.
Moreover, a nuncupative will may not dispose of property worth more than $1,000 unless the testator is a member of the armed forces in a time of war, in which case the limit is $10,000.
Changing an Indiana last will and testament
An Indiana last will and testament may be changed at any time before the testator’s death through a new will or a codicil, which is an addition or amendment that must be executed with the same formalities as a will in order for it to be valid.
Revoking an Indiana last will and testament
An Indiana will may be revoked at any time by the testator by another written will or by destroying or mutilating the will, done either by the testator with the intent to revoke or by another person in the testator’s presence and at his direction.
Revocation of a nuncupative will or any part thereof may be accomplished by a subsequent nuncupative will.
Indiana last will and testament FAQs
What happens if I die without a will in Indiana?
If you die without a will in Indiana, the state decides who gets your property using laws called "intestacy" rules. Your surviving spouse gets half of your estate if you have children, and your children split the other half. If you don't have children but your parents are still alive, your spouse gets three-quarters of everything and your parents get the rest. If you have no immediate family, the state looks to siblings, grandparents, and other relatives based on how closely related they are to you. This automatic system rarely matches what people actually want, which is why having a will is so important.
What are the basic requirements to make a valid will in Indiana?
You must be at least 18 years old and mentally capable of understanding what you're doing when you make your will. You (or a proxy under your authority) and two witnesses who aren't getting anything from your will must sign it. Indiana also accepts handwritten wills that don't need witnesses, but only if the entire will is written in your own handwriting.
Can I make changes to my will after it's already signed?
Yes, you can change your will anytime while you're alive and mentally capable. You can make small changes by creating a "codicil," which is like an official addition that must be signed and witnessed just like your original will. For bigger changes, it's usually easier to write a completely new will that clearly states it cancels all previous wills. You can also cancel your will by purposely physically destroying it (like burning or tearing it up).
What property can't be given away through my will?
Some of your property automatically goes to specific people when you die, no matter what your will says. Property you own jointly with someone else (like a house with your spouse) automatically becomes theirs. Life insurance money and retirement accounts like 401(k)s and IRAs go directly to whoever you named as the beneficiary on each. Money in bank accounts that are "payable on death" goes straight to the person you named. If you want to change who gets these things, you need to update the beneficiary forms with the companies, not just change your will.
Can I make a verbal will in Indiana instead of writing one down?
Indiana allows verbal wills (called "nuncupative" wills) only in very specific emergency situations when you're facing immediate danger of death. You must declare your wishes in front of two witnesses who aren't getting anything from your estate. Someone must write down what you said within 30 days, and the will must be filed in court within six months of your death. These verbal wills can only give away up to $1,000 worth of property ($10,000 if you're military personnel during wartime). Because of these strict limits and requirements, it's much better to have a written will prepared ahead of time.
What's the difference between a last will and a living will?
A last will and a living will are completely different documents that work at different times in your life. Your last will only takes effect after you die. It tells people who should get your property and who should take care of your minor children. A living will works while you're still alive but unable to make medical decisions for yourself. It tells doctors and family members what kind of medical treatment you want or don't want, such as whether to use life support machines. You need both documents because they handle different situations.
Do I need a lawyer to make a will in Indiana, or can I do it myself?
You don't legally need a lawyer to make a will in Indiana, but having one can help you avoid mistakes that could invalidate your will. You can use online services, fill-in-the-blank forms, or write your own as long as you follow Indiana's requirements for signing and witnesses. However, if you have a lot of property, own a business, have a blended family, or want to do complex things like setting up trusts, a lawyer can make sure everything is done correctly. Even simple wills can have problems if they're not written clearly or don't follow the state's rules exactly.
