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29-1-15-3. Payment of claims, expenses, and taxes; distribution of estate

IN Code § 29-1-15-3 (2019) (N/A)
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Sec. 3. Any real or personal property belonging to an estate may be sold, mortgaged, leased or exchanged under court order when necessary for any of the following purposes:

(a) for the payment of claims allowed against the estate;

(b) For the payment of any allowances made under IC 29-1-4-1;

(c) For the payment of any legacy given by the will of the decedent;

(d) For the payment of expenses of administration;

(e) For the payment of any gift, estate, inheritance or transfer taxes assessed upon the transfer of the estate or due from the decedent or his estate;

(f) For making distribution of the estate or any part thereof;

(g) For any other purpose in the best interests of the estate.

Formerly: Acts 1953, c.112, s.1503; Acts 1973, P.L.287, SEC.8. As amended by Acts 1979, P.L.268, SEC.6.

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29-1-15-3. Payment of claims, expenses, and taxes; distribution of estate