SCPA 1916 requires the decree to direct that funds be retained for a claim that remains undetermined, or a debt not yet due, at the time of the decree.
Statutory Text
§ 1916. Provision for payment of undetermined claims and debts not yet due
If any claim remains undetermined at the making of the decree or any debt is not yet due and the person holding it does not consent to its present payment, the decree shall direct that sufficient funds be retained by the fiduciary to meet the claim or demand when determined or when payable and provide for the distribution of any surplus of the amount so retained.
Hani Sarji
New York lawyer who cares about people, is fascinated by technology, and is writing his next book, Estate of Confusion: New York.
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