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Terms Used In 15 Guam Code Ann. § 2713

  • Probate: Proving a will
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
en an account is rendered for settlement, the Clerk of the
Superior Court shall set the same for settlement by the Superior Court,

COL120106
15 Guam Code Ann. ESTATES AND PROBATE
CH. 27 ACCOUNTING AND PAYMENT OF DEBTS

and notice thereof shall be given in the manner provided in Section 3401 of this Title. If the account is for final settlement, and a petition for final distribution of the estate is filed with the account, the notice of settlement must so state, and on the settlement of the account, distribution of the estate to those entitled thereto may be had immediately, without further notice or proceedings.
SOURCE: Probate Code of Guam (1970), § 926.