Representative may compromise claims of the estate

  1. Law
  2. Vermont Statutes
  3. Decedents' Estates and Fiduciary Relations
  4. Actions By And Against Executors And Administrators
  5. Representative may compromise claims of the estate

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§ 1410. Representative may compromise claims of the estate

With the approval of the Probate Division of the Superior Court, an executor or administrator may compromise with a debtor of the deceased for a debt due and may give a discharge of the debt on receiving payment of the compromised amount. (Amended 2009, No. 154 (Adj. Sess.), § 238a, eff. Feb. 1, 2011; 2017, No. 195 (Adj. Sess.), § 7.)


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