Record whether the estate can pay the next class in full
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- The rule is state law, and the lawyer must confirm which state's law governs. For example, Florida Statutes s 733.707(2) provides for ratable payment inside a class the estate cannot pay in full. From the asset and debt lists, record whether the file says the estate can pay every class in section 733.707. If a class cannot be paid in full, list the claims in that class and leave the proportion blank. Do not pay a creditor.
- What the lawyer must review
- The rule is state law, and the lawyer must confirm which state's law governs. For example, Florida Statutes s 733.707(2) says that after any preceding class is paid, if the estate is insufficient to pay all of the next class, the creditors of that class are paid ratably in proportion to their claims. The eight classes are those in subsection (1), including class 1 administration expenses and class 2 funeral expenses not exceeding $6,000 in the aggregate. The tool records the shortfall the file states and leaves the proportion blank. It does not rank claims inside a class beyond that ratable sentence and it does not pay anyone. Subsection (3) was not fully read and is not applied.
- Written for / version
- United States versionUS
Who does what
| Role | What they do |
|---|---|
| Assistance | Potential support includes organising research leads. Confirm the tool’s capability and permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Verify the applicable jurisdiction and the version of each relevant law, rule or instrument in force at the material time.
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.