A 3rd party (non beneficiary) is making a claim on a deceased's estate. Where there are several legal beneficiaries, whose agreement is needed in order to proceed with a settlement agreement with the 3rd party?
Is unanimous decision among beneficiaries required to agree to the settlement, or is a majority enough? If there is no unanimity among beneficiaries, does the executor (also a beneficiary) have the authority to agree to a settlement?
Is unanimous decision among beneficiaries required to agree to the settlement, or is a majority enough? If there is no unanimity among beneficiaries, does the executor (also a beneficiary) have the authority to agree to a settlement?