Vermont Statutes
§ 1215 — Administration in more than one state; duty of executor or administrator
Vermont·Title 14 Title 14: Decedents' Estates and Fiduciary Relations·Ch. 66 Chapter 066: Settlement of Claims
(a)All assets of estates being administered in this State are subject to all claims, allowances, and charges existing or established against the executor or administrator wherever appointed.
(b)If the estate either in this State or as a whole is insufficient to cover all family exemptions and allowances, determined by the law of the decedent’s domicile, prior charges and claims, after satisfaction of the exemptions, allowances, and charges, each claimant whose claim has been allowed either in this State or elsewhere in administrations of which the executor or administrator is aware, is entitled to receive payment of an equal proportion of his or her claim. If a preference or security in regard to a claim is allowed in another jurisdiction but not in this State, the creditor so benefited
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Nearby Sections
15
§ 1201
Notice to creditors§ 1202
Statutes of limitations§ 1205
Classification of claims§ 1206
Allowance of claims§ 1207
Payment of claims§ 1209
Secured claims§ 1211
Counterclaims§ 1213
Compromise of claims§ 1214
Encumbered assets