TITLE 15

UNIFORM PROBATE CODE

CHAPTER 3

PROBATE OF WILLS AND ADMINISTRATION

PART 8.

CREDITORS’ CLAIMS

15-3-805.  Classification of claims. (a) If the applicable assets of the estate are insufficient to pay all claims in full, the personal representative shall make payment in the following order:

(1)  costs and expenses of administration;

(2)  reasonable funeral expenses;

(3)  debts and taxes with preference under federal law;

(4)  reasonable and necessary medical and hospital expenses of the last illness of the decedent, including compensation of persons attending him;

(5)  debts and taxes with preference under other laws of this state;

(6)  all other claims.

(b)  No preference shall be given in the payment of any claim over any other claim of the same class, and a claim due and payable shall not be entitled to a preference over claims not due.

History:

[I.C., sec. 15-3-805, as added by 1971, ch. 111, sec. 1, p. 233; am. 1973, ch. 167, sec. 13, p. 319.]