The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
(Cite as: 14 V.S.A. § 1554)
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§ 1554. Recovery of estate fraudulently conveyed by deceased
(a) If the executor or administrator determines there is a deficiency of assets in the
estate, the fiduciary may bring an action in the Probate Division of the Superior
Court for the benefit of the creditors to recover any property fraudulently conveyed
by the deceased in his or her lifetime.
(b) The court may license the executor or administrator to sell so much of the property
fraudulently conveyed as is necessary to make up the deficiency of assets in the estate
to pay the debts of the decedent if it appears to the court that:
(1) there are insufficient assets to pay the debts of the deceased;
(2) the deceased conveyed property or a right or interest therein:
(A) with the intent to defraud creditors;
(B) to avoid a debt or duty; or
(C) with respect to real estate, in a manner that by law renders the conveyance void as
against his or her creditor; and
(3) the estate attempted to be conveyed would be subject to attachment or execution by
a creditor of the deceased in his or her lifetime. (Amended 2009, No. 154 (Adj. Sess.), § 238a, eff. Feb. 1, 2011; 2017, No. 195 (Adj. Sess.), § 8.)