75-3-1203 - Small estates -- Summary administrative procedure.
75-3-1203. Small estates -- Summary administrative procedure.
If it appears from the inventory and appraisal that the value of the entire estate, less liensand encumbrances, does not exceed homestead allowance, exempt property, family allowance,costs and expenses of administration, reasonable funeral expenses, and reasonable and necessarymedical and hospital expenses of the last illness of the decedent, the personal representative,without giving notice to creditors, may immediately disburse and distribute the estate to thepersons entitled thereto and file a closing statement as provided in Section 75-3-1204.
Enacted by Chapter 150, 1975 General Session