Sec. 4. The court may appoint a guardian or a guardian ad litem to represent the following persons or interests in a compromise executed under this chapter if the persons or interests do not have a guardian or guardian ad litem:

(1) A minor.

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Terms Used In Indiana Code 30-4-7-4

  • Court: means a court having jurisdiction over trust matters. See Indiana Code 30-4-1-2
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Minor: means any person under the age of eighteen (18) years. See Indiana Code 30-4-1-2
  • Person: has the meaning set forth in IC 30-2-14-9. See Indiana Code 30-4-1-2
(2) A person who is without legal capacity to personally act.

(3) A person whose present existence or whereabouts cannot be ascertained.

(4) A person who is not yet born or adopted.

(5) An inalienable estate.

(6) A future contingent interest.

As added by P.L.200-1991, SEC.6.