LegalFix
Sign In

Section 2-7-716 - Stay of Probate Proceedings Pending Final Disposition of Claims and Litigation.

WY Stat § 2-7-716 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

2-7-716. Stay of probate proceedings pending final disposition of claims and litigation.

Pending final adjudication of all claims and litigation as to which claims have been timely filed, the personal representative shall proceed with the administration of the estate to the extent possible without prejudicing the possible rights of creditors, but the estate shall not be closed and no payment of claims or distributions to distributees shall be made which would impair the ability of the estate to honor the claims as finally adjudicated, in accordance with their priority. The personal representative may obtain extensions of time in which to file tax returns and pay taxes, and incur interest charges with respect to the payment of those taxes, until all claims, the payment of which would affect the amount of the taxes due, and litigation is adjudicated.

Previous Section
Section 2-7-715 - Adjudication of Propriety in Handling Claims Prior to Final Report.
Next Section
Section 2-7-717 - Action Precluded Until Claim Rejected; Exception.