14-3810

14-3810. Claims not due and contingent or
unliquidated claims

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 if
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 for the purpose, the court may
provide for payment as follows:

1. If the claimant consents, he may be paid the present or agreed value of the
claim, taking any uncertainty into account.

2. 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.