Short answer. Yes. Once the claims are heard and their amount is ascertained, if the estate's assets are sufficient to cover the debts, the executor or administrator must pay them in full within the time limited for that purpose, rather than delaying or paying only partially.

What the law says

If, after hearing all the money claims against the estate, and after ascertaining the amount of such claims, it appears that there are sufficient assets to pay the debts, the executor or administrator shall pay the same within the time limited for that purpose.

Rule 88, Section 1 — Debts paid in full if estate sufficient. Read the full provision →

Full payment when assets are sufficient

Once the claims process has run its course, hearing all the money claims and ascertaining their total amount, the rule does not leave the administrator discretion to sit on the funds if the estate turns out to have enough assets to cover the debts. Payment in full is required, not merely encouraged, once sufficiency is established. This removes any temptation to hold funds back or stretch out payment beyond what the estate's actual solvency justifies, and it gives creditors a clear, enforceable expectation once the amount they are owed has been formally ascertained and fixed by the court. The word 'shall' makes the duty ministerial at that point — sufficiency plus ascertainment triggers the obligation automatically, without any further order needed to compel the administrator to pay what has already been determined.

Tied to a time limit

That payment must happen within the time limited for that purpose, connecting this obligation directly to the broader schedule these rules set out for winding down an estate's outstanding debts, so a solvent estate is expected to actually pay its creditors promptly and in full, rather than let already-ascertained claims linger unresolved indefinitely for no good reason. Missing that deadline without justification can expose the administrator to the same accountability mechanisms that apply to any other failure to properly perform the duties of administration, including removal or liability on the administrator's own bond. Heirs, too, have a stake in prompt payment, since the estate cannot properly be distributed to them until its ascertained debts have actually been settled in full.

What happens if assets are insufficient

This full-payment rule presupposes sufficiency; where the estate's assets do not cover the ascertained claims in full, a different set of provisions in this same rule governs how the available assets are prorated among creditors according to the priorities the rule establishes, rather than requiring an impossible, unattainable full payment from an insolvent estate. The obligation described here, then, applies specifically to the solvent-estate scenario, and should not be read as requiring administrators to conjure funds to pay debts the estate simply cannot cover in full. Determining which scenario actually applies is itself part of the administrator's duty, since paying some creditors in full while the estate is in truth insolvent can unfairly prejudice the creditors left unpaid.

Related provisions

Note. Statute text quoted on this page is reproduced from the official enactment and is linked to the full provision. The explanation around it is general legal information from Vivas & Nobles Law Office, not legal advice. Whether it applies to your situation depends on facts only a lawyer reviewing them can assess.