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CELE SQE1 模拟练习

Examination Timing: 00H00M25S

Mr. Carter, an executor, needs to pay the debts of his late brother’s estate before distributing the remaining assets to the beneficiaries. What is the correct order of priority for paying these debts?

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The correct order of priority for paying debts from an estate is: funeral expenses, testamentary expenses, secured debts, and then unsecured debts. This ensures that the most immediate and necessary costs are covered first. 


Key Point: Executors must follow the correct order of priority when paying estate debts to ensure compliance with legal obligations.

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