Payment of claims, expenses, and taxes; distribution of estate
Sec. 3. Any real or personal property belonging to an estate may
be sold, mortgaged, leased or exchanged under court order when
necessary for any of the following purposes:
(a) for the payment of claims allowed against the estate;
(b) For the payment of any allowances made under IC 29-1-4-1;
(c) For the payment of any legacy given by the will of the
decedent;
(d) For the payment of expenses of administration;
(e) For the payment of any gift, estate, inheritance or transfer
taxes assessed upon the transfer of the estate or due from the
decedent or his estate;
(f) For making distribution of the estate or any part thereof;
(g) For any other purpose in the best interests of the estate.
(Formerly: Acts 1953, c.112, s.1503; Acts 1973, P.L.287, SEC.8.) As
amended by Acts 1979, P.L.268, SEC.6.
Last modified: May 27, 2006