Reply To: Help: Format song lyrics with chords

David's suggestion is most logical, but I recommend using Finale or Sibelius — the right software — for this purpose.

However, if InDesign is what you have to work with, I might recommend trying tables for this purpose. This way, you could type each chord name in an individual cell, and then all words of the verse to which that chord applies in an individual cell in the row below the chord row (see below). I left the cell borders in so you can see how everything could start out in the cells, and then you could adjust as needed. I think is conceptually how lyrics behave in notation software, as they are typically centered under notes and rests, and chord symbols are assigned in the same way above the staff.