Ind. Code ch. 32-17-6

in effect

Ind. Code § 32-17-6-1 Application of chapter

Sec. 1. This chapter applies to a person who holds a power of appointment under any of the following: (1) A last will and testament of a decedent. (2) A deed. (3) An indenture of trust inter vivos. (4) An insurance policy. (5) Any other contract or instrument. [Pre-2002 Recodification Citation: 32-3-1-1 part.] As added by P.L.2-2002, SEC.2.

Ind. Code § 32-17-6-2 Execution of instruments; renouncing or exercising power

Sec. 2. A person described in section 1 of this chapter may execute an appropriate written instrument to, in whole or in part: (1) renounce the person's right of appointment; or (2) exercise the person's power of appointment one (1) or more times. [Pre-2002 Recodification Citation: 32-3-1-1 part.] As added by P.L.2-2002, SEC.2.

Ind. Code § 32-17-6-3 Renouncing right of appointment

Sec. 3. A renouncement of a right of appointment is final and irrevocable unless the right to revoke the renouncement or to repossess the right of appointment is expressly reserved in the instrument of renouncement. [Pre-2002 Recodification Citation: 32-3-1-1 part.] As added by P.L.2-2002, SEC.2.

Ind. Code § 32-17-6-4 Power of appointment

Sec. 4. Unless a person exercising a power of appointment expressly renounces and surrenders the right to revoke an appointment in the instrument of appointment, the person may subsequently revoke the appointment and may periodically: (1) exercise; (2) revoke the exercise of; and (3) reexercise the power of appointment. [Pre-2002 Recodification Citation: 32-3-1-1 part.] As added by P.L.2-2002, SEC.2.

Ind. Code § 32-17-6-5 Effect of subsequent appointment

Sec. 5. A subsequent exercise of a right of appointment is a revocation of all prior appointments to the extent that the subsequent appointment conflicts or is inconsistent with any prior appointments. [Pre-2002 Recodification Citation: 32-3-1-1 part.] As added by P.L.2-2002, SEC.2.

Ind. Code § 32-17-6-6 Last unrevoked appointment

Sec. 6. The last unrevoked exercise of a power of appointment is effective and controlling. [Pre-2002 Recodification Citation: 32-3-1-1 part.] As added by P.L.2-2002, SEC.2.

Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/32Fetched: 10/17/2026