Vermont § 1210 - Claims not due and contingent or unliquidated claims

§ 1210. Claims not due and contingent or unliquidated claims

• (a) If a claim that will become due at a future time or a contingent or unliquidated claim
  becomes due or certain before the distribution of the estate, and if the claim has
  been allowed or established by a proceeding, it is paid in the same manner as presently
  due and absolute claims of the same class. (b) In other cases the executor or administrator, or, on motion of the executor or administrator
  or the claimant, in a proceeding for the purpose, the Probate Division of the Superior
  Court, may provide for payment as follows: (1) If the claimant consents, he or she may be paid the present or agreed value of the
  claim, taking any uncertainty into account. (2) Arrangement for future payment, or possible payment, on the happening of the contingency
  or on liquidation may be made by creating a trust, giving a mortgage, obtaining a
  bond or security from a distributee, or otherwise. (Added 1975, No. 240 (Adj. Sess.), § 7; amended 1985, No. 144 (Adj. Sess.), § 63; 2009, No. 154 (Adj. Sess.), § 238a, eff. Feb. 1, 2011.)