Connecticut General Statutes 45a-377 – Determination of insolvency after partial settlement
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When, during the settlement of the estate of a deceased person, the fiduciary represents the estate to be insolvent, the Court of Probate shall set a time and place for a hearing on such representation and the court shall proceed in the manner prescribed in § 45a-376.
Terms Used In Connecticut General Statutes 45a-377
- Fiduciary: A trustee, executor, or administrator.
- Probate: Proving a will
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.