2009 Missouri Revised Statutes
Title XXXI TRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY
Chapter 473 Probate Code--Administration of Decedents' Estates
473.427. Compromise of claims against estate.
Compromise of claims against estate.
473.427. When a claim against the estate has been filed or suit thereon is pending, the creditor and personal representative, if it appears for the best interest of the estate, may compromise the claim, whether due or not due, absolute or contingent, liquidated or unliquidated.
(L. 1955 p. 385 ยง 159, A.L. 1980 S.B. 637)Effective 1-1-81
(1960) Court properly entered judgment based on compromise agreement between administrator and claimant. Evidence held not to show impropriety of the allowance or that the compromise was not in the best interest of the estate. Robb v. Casteel (A.), 340 S.W.2d 180.
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