Section 3-1203
If it appears that the value of the entire estate, less liens and encumbrances, does not exceed family allowances, exempt property, costs and expenses of administration, reasonable funeral expenses, and reasonable and necessary medical and hospital expenses of the last illness of the decedent, the personal representative, without giving notice to creditors, may immediately disburse and distribute the estate to the persons entitled thereto and file a closing statement as provided in section 3-1204.
Comment
This section makes it possible for the personal representative to make a summary distribution of a small estate without the necessity of giving notice to creditors. Since the probate estate of many decedents will not exceed the amount calculated in the statute, this section will prove useful in many estates. See Sections 2-401 et seq. for allowances and exempt property.
Massachusetts comment
Compare G.L. c. 195 §§ 16 and 16A which provide for informal voluntary administration of estates valued at $15,000 or less.