18-C §3-910. Purchasers from distributees protected
§3-910. Purchasers from distributees protected If property distributed in kind or a security interest in the property is acquired for value by a purchaser from or lender to a distributee who has received an instrument or deed of distribution from the personal representative, or is acquired by a purchaser from or lender to a transferee […]
18-C §3-911. Partition for purpose of distribution
§3-911. Partition for purpose of distribution When 2 or more heirs or devisees are entitled to distribution of undivided interests in any real or personal property of the estate, the personal representative or one or more of the heirs or devisees may petition the court prior to the formal or informal closing of the estate […]
18-C §3-912. Private agreements among successors to decedent binding on personal representative
§3-912. Private agreements among successors to decedent binding on personal representative Subject to the rights of creditors and taxing authorities, competent successors may agree among themselves to alter the interests, shares or amounts to which they are entitled under the will of the decedent, or under the laws of intestacy, in any way that they […]
18-C §3-913. Distributions to trustee
§3-913. Distributions to trustee 1. Personal representative authority to require bond. If the trust instrument does not excuse the trustee from giving bond, the personal representative may petition the appropriate court to require that the trustee post bond if the personal representative apprehends that distribution might jeopardize the interests of persons who are not able […]
18-C §3-901. Successors’ rights if no administration
§3-901. Successors’ rights if no administration In the absence of administration, the heirs and devisees are entitled to the estate in accordance with the terms of a probated will or the laws of intestate succession. Devisees may establish title by the probated will to devised property. Persons entitled to property by homestead allowance, exemption or […]
18-C §3-902. Distribution; order in which assets appropriated; abatement
§3-902. Distribution; order in which assets appropriated; abatement 1. Order in which assets appropriated; abatement. Except as provided in subsection 2 and except as provided in connection with the share of the surviving spouse who elects to take an elective share, shares of distributees abate, without any preference or priority as between real and personal […]