Title 75B
Chapter 2
Part 5
Section 511
| Index | Utah Code |
| Title 75B | Trusts |
| Chapter 2 | Uniform Trust Code |
| Part 5 | Spendthrift and Discretionary Trusts |
| Section 511 | Classification of claims.
(Effective 5/7/2025)
|
Effective 5/7/2025
75B-2-511.
Classification of claims.
| (1) | If the applicable assets of the deceased settlor's estate or trust estate are insufficient to pay all claims in full, the trustee shall make payment in the following order:
| (a) | reasonable funeral expenses; |
| (b) | costs and expenses of administration; |
| (c) | debts and taxes with preference under federal law; |
| (d) | reasonable and necessary medical and hospital expenses of the last illness of the deceased settlor, including compensation of persons attending the deceased settlor, and medical assistance if Section 26B-3-1013 applies; |
| (e) | debts and taxes with preference under other laws of this state; and |
|
| (2) | No preference shall be given in the payment of any claim over any other claim of the same class. |
| (3) | A claim due and payable shall not be entitled to a preference over claims not due. |
Renumbered and Amended by Chapter
310, 2025 General Session