Pennsylvania § 3388 Claims not certain to become due

Pennsylvania Statutes

§ 3388 — Claims not certain to become due

Pennsylvania·Title 20 DECEDENTS, ESTATES AND FIDUCIARIES·Ch. 33 ADMINISTRATION AND PERSONAL REPRESENTATIVES·Subch. CLAIMS; CHARGES; RIGHTS OF CREDITORS

Upon satisfactory proof or admission of a claim which may or may not become due at a future time, the court may provide for payment by one of the following methods:

(1)Awarding the present value of the claim, as agreed to by the claimant and the personal representative.

(2)Ordering the personal representative to distribute the estate but to retain or pay into court sufficient assets to pay the claim, or a proportionate amount in case of insolvency, if and when it becomes absolute.

(3)Making such other provisions for the disposition or satisfaction of the claim as shall be equitable.

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Upon satisfactory proof or admission of a claim which may or may not become due at a future time, the court may provide for payment by one of the following methods:

(1) Awarding the present value of the claim, as agreed to by the claimant and the personal representative.

(2) Ordering the personal representative to distribute the estate but to retain or pay into court sufficient assets to pay the claim, or a proportionate amount in case of insolvency, if and when it becomes absolute.

(3) Making such other provisions for the disposition or satisfaction of the claim as shall be equitable.

Pennsylvania § 3388 (Claims not certain to become due) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.