§ 2-7-802 — Expenses of administration; standard; how paid

(a) The personal representative is authorized to incur and
pay at any time, subject to approval upon hearing his final
report and accounting, all reasonable and necessary expenses in
the care, management and settlement of the estate. The personal
representative's authorization shall be exercised with the
judgment and care under the circumstances then prevailing which
men of prudence, discretion and intelligence exercise in the
management of their own affairs. Subject to the foregoing
standard, the expenses may include but are not limited to
services relating to:
(i) Bank accounts and safekeeping facilities;
(ii) Appraisals;
(iii) Surveys;
(iv) Title and lien searches and certifications as to
real or personal property;
(v) Sales of real property and personal property,
including broker's commissions, premiums for title insurance,
services in connection with abstracts of title and auctioneer's
fees;
(vi) Maintenance, repair, care and protection of
estate assets, including such expenses as are normally incident
to crops and livestock;
(vii) Property insurance of all types and liability
insurance;
(viii) Events incident to distribution of estate
assets, such as stock transfer fees and other normal expenses
incident to transfer of title;
(ix) Preparation of all necessary tax returns and
reports, and audit proceedings in connection therewith, relating
to the decedent and the estate and the distribution of the
estate;
(x) Publications and mailings;
(xi) Location and identification of heirs and
beneficiaries; and
(xii) Expenses, fees and costs of ancillary
administration in a state other than Wyoming.
(b) Except as otherwise directed by the decedent's will,
the expenses shall be paid first out of income of the estate
received by the personal representative, then from the residue
of the estate.