If a piece of property — like land or a personal item — is worth nothing or has so many debts tied to it that it doesn't help the estate, a court can give the person in charge of the estate permission to get rid of it. The court decides the best way to handle it, which could mean giving it away to heirs, throwing it away, destroying it, or simply walking away from it.
473.293. of valueless or . — When any personal or is valueless, or is so , or is in such condition that it is of no to the , the court may by authorize the to make such disposition thereof as the court may find to be , including, where appropriate, the immediate thereof to the or , the , giving away or destruction thereof, the of all interest of the estate therein, or such other disposition as may be appropriate in the circumstances.
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Source & history notes
(L. 1955 p. 385 § 115, A.L. 1980 S.B. 637) Effective 1-01-81
Related Missouri laws
Payment of debt of decedent secured by property of another
RSMo 473.290
Expenditures for preservation of property
RSMo 473.297
Encumbered property to be redeemed, when
RSMo 473.287
Continuation of business of decedent
RSMo 473.300
Title to real estate, how taken on such purchase
RSMo 473.283
Specific execution of contract of decedent
RSMo 473.303
Legal information, not legal advice. Always confirm with the official source at revisor.mo.gov.