IC 29-1-8-8 Payment of claims; accounting; closing administration
121 words·~1 min read·
/in/title-29-probate/article-1-probate-code/chapter-8-dispensing-with-administration/29-1-8-8·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 8. Whenever, after the inventory has been filed by a personal representative, it is established that the estate of a decedent, exclusive allowance to the surviving spouse or dependent children, does not exceed an amount sufficient to pay the claims of classes 1 to 6 inclusive, the personal representative upon order of the court shall pay the same in the order provided and thereafter present his account with an application for the settlement and allowance thereof. Thereupon, the court, with or without notice, may adjust, correct, settle, allow or disallow such account, and, if the account is settled and allowed, decree final distribution, discharge the personal representative and close the administration.
Formerly: Acts 1953, c.112, s.808; Acts 1975, P.L.288, SEC.16.