Vermont Statutes Title 14 Sec. 2401
Terms Used In Vermont Statutes Title 14 Sec. 2401
- Contract: A legal written agreement that becomes binding when signed.
- Devise: To gift property by will.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Legacy: A gift of property made by will.
- Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
- Person: shall include any natural person, corporation, municipality, the State of Vermont or any department, agency, or subdivision of the State, and any partnership, unincorporated association, or other legal entity. See
- Probate: Proving a will
- State: when applied to the different parts of the United States may apply to the District of Columbia and any territory and the Commonwealth of Puerto Rico. See
§ 2401. Uncertain beneficiaries; Probate Division of the Superior Court may appoint agent or attorney
When a devise, legacy, gift, or trust is made to or for the benefit of a class or classes of beneficiaries in this State whose members are not all ascertained or definitely ascertainable, the Probate Division of the Superior Court may in its discretion appoint a person or persons as agent or attorney to represent the beneficiaries, who shall act for them and their interests, without expense to the State, in any litigation, contest, or compromise in relation to the devise, legacy, gift, trust, will, contract, or instrument by which the same is given. (Amended 2017, No. 195 (Adj. Sess.), § 16.)