§ 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.)
Structure Vermont Statutes
Title 14 - Decedents' Estates and Fiduciary Relations
Chapter 71 - Actions by and Against Executors and Administrators
§ 1401. Executor or administrator may sue and defend
§ 1402. Sum recovered paid to person entitled thereto
§ 1410. Representative may compromise claims of the estate
§ 1411. Disputed claim may be referred
§ 1412. Claim between executor and estate
§ 1413. Debt as personalty; representative may foreclose mortgage
§ 1416. Estate not sued when masters appointed; exceptions
§ 1452. When actions for personal injury survive
§ 1453. Survival of causes of action
§ 1455. Heir may not sue until share assigned
§ 1491. Right of action where death results from wrongful act
§ 1492. Action for death from wrongful act; procedure; damages