Vermont § 1201 Notice to creditors

Vermont Statutes

§ 1201 — Notice to creditors

Vermont § 1201

Title 14Title 14: Decedents' Estates and Fiduciary Relations

Ch. 66Chapter 066: Settlement of Claims

This text of Vermont § 1201 (Notice to creditors) is published on Counsel Stack Legal Research, covering Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Vt. Stat. Ann. tit. 14, § 1201 (2026).

Text

(a)The Probate Division of the Superior Court may issue an order excusing the executor or administrator from complying with the notice to creditors provisions of the Rules of Probate Procedure when it appears to the court that:

(1)there are no debts existing against the decedent; or

(2)that the debts against the decedent are all known to the executor or administrator and there are funds to pay them; or

(3)the value of the estate does not exceed the sum of $2,500.00 and is assigned for the support of the surviving spouse.

(b)If notice is not given because an order is entered as provided in subsection (a) of this section, any assets distributed by the administrator or executor will be subject to any claims later established, and sections 1202 and 1203 of this title shall apply, but the

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(a) The Probate Division of the Superior Court may issue an order excusing the executor or administrator from complying with the notice to creditors provisions of the Rules of Probate Procedure when it appears to the court that:
(1) there are no debts existing against the decedent; or
(2) that the debts against the decedent are all known to the executor or administrator and there are funds to pay them; or
(3) the value of the estate does not exceed the sum of $2,500.00 and is assigned for the support of the surviving spouse.
(b) If notice is not given because an order is entered as provided in subsection (a) of this section, any assets distributed by the administrator or executor will be subject to any claims later established, and sections 1202 and 1203 of this title shall apply, but the executors or administrators will not be liable to distributees for losses to them when required to reimburse creditors. (Added 1975, No. 240 (Adj. Sess.), § 7; amended 1985, No. 144 (Adj. Sess.), § 58; 2009, No. 154 (Adj. Sess.), § 238a, eff. Feb. 1, 2011.)