Legal Articles

Trusts and Nonjudicial Settlement Agreements

The law encourages parties and litigants to resolve disputes outside of court. To that end, Missouri’s Trust laws permit the creation of nonjudicial settlement agreements “with respect to any matter involving a trust.” Section 456.1-111.2, RSMo. There are at least two important qualifications to nonjudicial settlement agreements involving a trust. First, all “interested persons” —…

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