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Terms Used In Utah Code 75-7-518

  • Estate: includes the property of the decedent, trust, or other person whose affairs are subject to this title as originally constituted and as it exists from time to time during administration. See Utah Code 75-1-201 v2

     When a claim against a deceased settlor’s estate has been presented in any manner, the trustee may, if it appears in the best interest of the deceased settlor’s estate, compromise the claim, whether due or not due, absolute or contingent, liquidated or unliquidated.