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2019 Minnesota Statutes
Chapters 524 - 532 — Probate; Property; Estates; Guardianships; Anatomical Gifts
Chapter 524 — Uniform Probate Code
Section 524.3-1101 — Effect Of Approval Of Agreements Involving Trusts, Inalienable Interests, Or Interests Of Third Persons.
Universal Citation: MN Stat § 524.3-1101 (2019)
524.3-1101 EFFECT OF APPROVAL OF AGREEMENTS INVOLVING TRUSTS, INALIENABLE INTERESTS, OR INTERESTS OF THIRD PERSONS.
A compromise of any controversy as to admission to probate of any instrument offered for formal probate as the will of a decedent, the construction, validity, or effect of any probated will, the rights or interests in the estate of the decedent, of any successor, or the administration of the estate, if approved in a formal proceeding in the court for that purpose, is binding on all the parties thereto including those unborn, unascertained or who could not be located. An approved compromise is binding even though it may affect a trust or an inalienable interest.
History: 1974 c 442 art 3 s 524.3-1101; 1975 c 347 s 68
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