(1) All assets of estates being administered in this state are subject to all claims,
allowances and charges existing or established against the personal representative
(2) If the estate either in this state or as a whole is insufficient to cover all
exemptions and allowances determined by the law of the decedent's domicile, prior
charges and claims, after satisfaction of the exemptions, allowances, and charges,
each claimant whose claim has been allowed either in this state or elsewhere in administrations
of which the personal representative is aware, is entitled to receive payment of an
equal proportion of his claim. If a preference or security in regard to a claim is allowed in another jurisdiction
but not in this state, the creditor so benefited shall receive payment out of local
assets only upon the balance of his claim after deducting the amount of the benefit.
(3) In case the exemptions and allowances, prior charges and claims of the entire
estate exceed the total value of the portions of the estate being administered separately
and this state is not the state of the decedent's last domicile, the claims allowed
in this state shall be paid their proportion if local assets are adequate for the
purpose, and the balance of local assets shall be transferred to the domiciliary personal
representative. If local assets are not sufficient to pay all claims allowed in this state in the
amount to which they are entitled, local assets shall be marshaled so that each claim
allowed in this state is paid its proportion as far as possible, after taking into
account all payments on claims allowed in this state from assets in other jurisdictions.
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