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Terms Used In Vermont Statutes Title 14 Sec. 1731

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Probate: Proving a will

§ 1731. Partition unnecessary when parties agree

When the Probate Division of the Superior Court distributes assets of an estate to one or more persons entitled to the same, it shall not be necessary to make partition of the assets distributed if the parties to whom the assignment is made agree to an allocation of assets without partition. (Amended 1985, No. 144 (Adj. Sess.), § 85; 2009, No. 154 (Adj. Sess.), § 238a, eff. Feb. 1, 2011; 2017, No. 195 (Adj. Sess.), § 10.)