2019 Indiana Code
Title 29. Probate
Article 1. Probate Code
Chapter 15. Sales, Mortgages, Leases, Exchanges─personal and Real Property
29-1-15-3. Payment of claims, expenses, and taxes; distribution of estate

Universal Citation: IN Code § 29-1-15-3 (2019)
IC 29-1-15-3 Payment of claims, expenses, and taxes; distribution of estate

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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