2006 Nebraska Revised Statutes - § 30-2487 — Payment of claims; order.

Section 30-2487
Payment of claims; order.

(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 the decedent and claims filed by the Department of Health and Human Services Finance and Support pursuant to section 68-919;

(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.

Source:

Laws 1974, LB 354, § 165, UPC § 3-805

Laws 1975, LB 481, § 17

Laws 1994, LB 1224, § 40

Laws 1996, LB 1044, § 90

Laws 2006, LB 1248, § 53.

~Revised Statutes Cumulative Supplement, 2006