HRS §560:3-810
Paying claims that are not due yet or uncertain
This section explains how the person handling a deceased person's estate pays claims that are not due yet or are uncertain. If the claim becomes due or certain before the estate is distributed, it is paid like other claims. If not, the estate can pay the claim's current value or set up a plan for future payment.
courtscreditorspersonal representatives
The statute, as written — Claims not due and contingent or unliquidated claims
(a) If a claim which 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 personal representative or, on petition of the personal representative or the claimant in a special proceeding for the purpose, the court may provide for payment as follows: (1) If the claimant consents, the claimant may be paid the present or agreed value of the claim, taking any uncertainty into account; and (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.
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