§ 525.391 — Property Fraudulently Conveyed
Plain-Language Summary
If there is not enough money to pay all debts, the estate representative can recover property the deceased person gave away to cheat creditors. Any creditor can ask the court to force the representative to pursue such claims.
525.391 PROPERTY FRAUDULENTLY CONVEYED.
When the property available for the payment of debts is insufficient to pay the same in full, the representative may recover any property which the decedent may have disposed of with intent to defraud creditors, or by conveyance or transfer which for any reason is void as to them. Upon the application of any creditor and upon making the payment of or providing security for the expenses thereof as directed by the court, the representative shall prosecute all actions necessary to recover the property.
History:
(8992-95) 1935 c 72 s 95; 1986 c 444
History: History: (8992-95) 1935 c 72 s 95; 1986 c 444