Fraud, duress, undue influence, mistake, or lack of capacity

Sec. 24. (a) A beneficiary designation or a revocation of a beneficiary designation that is procured by fraud, duress, undue influence, or mistake or because the owner lacked capacity is void. (b) A beneficiary designation made under this chapter is subject to IC 29-1-2-12.1. As added by P.L.143-2009, SEC.41.