Time within which personal representative must commence action for refund of legacy or distribution, 29 A.L.R.2d 1248.
Construction and application of statutes apportioning or prorating estate taxes, 71 A.L.R.3d 247.
Remedies and practice under estate tax apportionment statutes, 71 A.L.R.3d 371.
Except as otherwise provided by the will, any debt not due by its terms at the time for payment of debts of equal priority shall be satisfied and the estate shall be discharged with respect to such debt in such manner as the personal representative deems to be in the best
interest of the estate in accordance with the following rules:
(1) The debt may be prepaid in accordance with the terms of any
right to prepay;
(2) By agreement with the creditor, the debt may be satisfied before it is due by the payment of an amount representing the agreed
present value of the debt;
(3) By agreement with the creditor, the debt may be assumed by one or more heirs or beneficiaries or by any other person; and
(4) By agreement with the creditor, or by order of the probate court after notice to the creditor and a hearing, arrangement for future payment may be made by creating a trust, giving a deed to secure debt or security interest, obtaining a bond or other security from one or more heirs or beneficiaries, or otherwise.