Wyoming § 2-7-705 Future, contingent and unliquidated claims

Wyoming Statutes

§ 2-7-705 — Future, contingent and unliquidated claims

Wyoming § 2-7-705

Title 02Wills, Decedents' Estates and Probate Code

Ch. 7ADMINISTRATION OF ESTATES

Art. 7CLAIMS AGAINST ESTATE

This text of Wyoming § 2-7-705 (Future, contingent and unliquidated claims) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 2-7-705 (2026).

Text

(a)If a claim which will become due at a future time or a contingent or unliquidated claim becomes due or certain before the distribution of the estate, and the claim has been allowed or established by a proceeding, it is paid in the same manner as presently due and absolute claims of the same class.

(b)In other cases the personal representative, or on petition of the personal representative or the claimant in a special proceeding the court, may provide for payment as follows:

(i)If the claimant consents he may be paid the present or agreed value of the claim taking any uncertainty into account;

(ii)Arrangement for future payment or possible payment on the happening of the contingency or on liquidation may be made by creating a trust, giving a mortgage, obtaining a bond or security fro

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(a) If a claim which will become due at a future time or a
contingent or unliquidated claim becomes due or certain before
the distribution of the estate, and the claim has been allowed
or established by a proceeding, it is paid in the same manner as
presently due and absolute claims of the same class.
(b) In other cases the personal representative, or on
petition of the personal representative or the claimant in a
special proceeding the court, may provide for payment as
follows:
(i) If the claimant consents he may be paid the
present or agreed value of the claim taking any uncertainty into
account;
(ii) Arrangement for future payment or possible
payment on the happening of the contingency or on liquidation
may be made by creating a trust, giving a mortgage, obtaining a
bond or security from a distributee, or otherwise.