§ 3-1101 Effect of approval of agreements involving trusts, inalienable interests, or interests of third persons
§ 3-1102 Procedure for securing court approval of compromise
§ 3-1103 Non-resident beneficiaries; payment of trust fund to foreign trustee
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Terms Used In Massachusetts General Laws > Chapter 190B > Article 11 - Compromise of Controversies

  • Contract: A legal written agreement that becomes binding when signed.
  • Decedent: A deceased person.
  • Fiduciary: A trustee, executor, or administrator.
  • 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.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Probate: Proving a will
  • Trustee: A person or institution holding and administering property in trust.