Sample Indiana Estate Account (IC 29-1-16-4)

Total charges: $344,889.30
Total credits: $344,889.30
Difference: $0.00
Period: Feb 1, 2025 to Jan 31, 2026

What's in this accounting

27 transactions from 12 fictional statements (CSV) on 1 account, read, categorized, reconciled to each closing balance and rendered by Summafolio. 1 beneficiary; one fund, no principal and income split. 18 PDF pages (12 schedules); the workbook has the same schedules with live formulas.

Schedules in the sample
Schedule	Title	Entries
1	Property Chargeable to the Fiduciary	23
2	Payments, Charges, Losses and Distributions	7
3	Property on Hand (Balance of Account)	1
4	Receipts: Principal and Income	19
5	Disbursements: Principal and Income	5
6	Distributions: Principal and Income	1
7	Sales and Other Dispositions: Gains and Losses	2
8	Investments Made	0
9	Changes in Form of Assets	0
10	Liabilities and Unpaid Claims at Close of Period	0
11	Compensation Paid to Fiduciary	0
12	Cash Reconciliation to Account Statements	1

How to read the summary

IC 29-1-16-4 says an account has three schedules. Schedule 1 shows the property chargeable to the personal representative: the property on hand at the start plus receipts and gains. Schedule 2 shows payments, charges, losses and distributions. Schedule 3 shows the property on hand that makes up the balance, and the summary checks that Schedule 1 less Schedule 2 equals it.

The supporting schedules split receipts, disbursements and distributions by principal and income and list sales, investments, liabilities and compensation. Indiana requires receipts for disbursements to be filed with the account, so the review packet indexes the statement behind every payment.

Summary of the Indiana estate account sample, in dollars
Summary line	Amount	Sched.
Schedule 1: Property chargeable to the fiduciary	344,889.30	1
Schedule 2: Payments, charges, losses and distributions	276,895.44	2
Schedule 3: Property on hand constituting the balance of the account	67,993.86	3
Of which principal	67,993.86
Of which undistributed income	0.00
Property on hand at current market value	67,993.86

First 6 pages of 18

Cover page, page 1 of the Indiana estate account sample — Cover page (page 1 of 18)

Contents, page 2 of the Indiana estate account sample — Contents (page 2 of 18)

Summary, page 3 of the Indiana estate account sample — Summary (page 3 of 18)

Schedule 1: Property chargeable to the fiduciary, page 4 of the Indiana estate account sample — Schedule 1: Property chargeable to the fiduciary (page 4 of 18)

Schedule continued, page 5 of the Indiana estate account sample — Schedule continued (page 5 of 18)

Schedule 2: Payments, charges, losses and distributions, page 6 of the Indiana estate account sample — Schedule 2: Payments, charges, losses and distributions (page 6 of 18)

Fictional data, watermarked. Every name, account and amount in this sample is invented. The format follows the structure of the sources on the Indiana page; no court has approved or endorsed Summafolio.

Sample Indiana estate account

What's in this accounting

How to read the summary

Related

First 6 pages of 18