1. (1) To discharge any existing lien or mortgage on the real or personal estate of the decedent;
2. (2) To pay the debts of the decedent;
3. (3) To pay the funeral expenses;
4. (4) To pay the charges of administration;
5. (5) To pay the estate, inheritance, legacy, or succession taxes;
6. (6) To pay the expenses of supporting the decedent’s family as prescribed by law;
7. (7) To pay the legacies under the will; and
8. (8) For any other purpose whatsoever which the court may approve as necessary or desirable for the protection or benefit of the estate.

Borrowing may be authorized for any one or more of the following purposes:

History of Section.
G.L., ch 312, § 56, as enacted by P.L. 1921, ch. 2030, § 1; G.L. 1923, ch. 363, § 56; G.L. 1938, ch. 575, § 54; G.L. 1956, § 33-9-15.