§ 1554 -   Recovery of estate fraudulently conveyed by deceased

§ 1554. Recovery of estate fraudulently conveyed by deceased

If it appears to the probate court on the settlement of the estate of a deceased person that the avails of the real and personal estate, chargeable with the payment of the debts of the deceased, have been expended and are insufficient to pay such debts, and it is shown to the court that the deceased, in his lifetime, conveyed real estate or a right or interest therein with intent to defraud his creditors, or to avoid a right, debt or duty of a person, or had so conveyed such estate that by law the conveyance is void as against his creditors, and the estate attempted to be conveyed would be liable to attachment or execution by a creditor of the deceased in his lifetime, the probate court may license the executor or administrator to sell so much of the real estate so fraudulently conveyed as is necessary to make up the deficiency of assets in his hands to pay the debts of the deceased.