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The procedure for securing court approval of a compromise is as follows:
1. The terms of the compromise shall be set forth in an agreement in writing which shall be executed by all competent persons and parents acting for any minor child having beneficial interests or having claims which will or may be affected by the compromise. Execution is not required by any person whose identity cannot be ascertained or whose whereabouts is unknown and cannot reasonably be ascertained.
2. Any interested person, including the personal representative or a trustee, then may submit the agreement to the court for its approval and for execution by the personal representative, the trustee of every affected testamentary trust and other fiduciaries and representatives.
3. After notice to all interested persons or their representatives, including the personal representative of the estate and all affected trustees of trusts, the court, if it finds that the contest or controversy is in good faith and that the effect of the agreement upon the interests of persons represented by fiduciaries or other representatives is just and reasonable, shall make an order approving the agreement and directing all fiduciaries under its supervision to execute the agreement. Minor children represented only by their parents may be bound only if their parents join with other competent persons in execution of the compromise. Upon the making of the order and the execution of the agreement, all further disposition of the estate is in accordance with the terms of the agreement.
FILED Juan Pablo Guzman CLERK, SUPERIOR COURT 6/10/2023 1:24PM BY: GLERMA …
Santa Cruz County, AZ
Jun 10, 2023
CV
FILED Juan Pablo Guzman CLERK, SUPERIOR COURT 6/10/2023 1:24PM BY: GLERMA …
(No Case Name Available)
FILED Lynn Fazz CLERK, SUPERIOR COURT 07/20/2023 3:20PM BY: CIBROWN …
Yuma County, AZ
Jul 20, 2023
CV
HON LARRY KENWORTHY
FILED Valerie Wyant CLERK, SUPERIOR COURT 05/22/2023 9:4SAM BY: LECLARK …
FILED Christina Spurlock CLERK, SUPERIOR COURT 10/05/2023 7:02PM BY: LYIRWIN …
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