(a) Any person who has been absent from his home and unheard of for a period of seven or more years shall be presumed to be dead.
(b) If such person left a will, it shall be presented for probate, and, if he left no will, administration on his estate shall be granted by the court of probate having jurisdiction, as provided in section 45a-303 , and his estate may be settled and distributed in the same manner as if he were known to be dead.
(c) After such administration and distribution, the fiduciary shall not be liable to the person so presumed to be dead in any action for the recovery of the estate.