Vermont § 1215 - Administration in more than one state; duty of executor or administrator

§ 1215. Administration in more than one state; duty of executor or administrator

• (a) All assets of estates being administered in this State are subject to all claims,
  allowances, and charges existing or established against the executor or administrator
  wherever appointed. (b) If the estate either in this State or as a whole is insufficient to cover all family
  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 executor or administrator is aware, is entitled to receive payment of
  an equal proportion of his or her 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 is to receive dividends from local assets only upon the balance of his or
  her claim after deducting the amount of the benefit. (c) In case the family 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 executor
  or administrator. If local assets are not sufficient to pay all claims allowed in
  this State the amount to which they are entitled, local assets shall be marshalled
  so that each claim allowed in this State is paid its proportion as far as possible,
  after taking into account all dividends on claims allowed in this State from assets
  in other jurisdictions. (Added 1975, No. 240 (Adj. Sess.), § 7.)