O.C.G.A. § 53-5-27 (2019)
Nonjudicial settlement agreement
(a)(1) As used in this Code section, the term ‘‘court’’ means a probate court or superior court on appeal or transfer from a probate court.
(2) Except as provided in subsection (b) of this Code section, the personal representative nominated in the will or duly qualified so to serve and all persons whose interests would be affected may enter into a binding nonjudicial settlement agreement with respect to any matter involving a will.
(b) A nonjudicial settlement agreement shall be valid only to the extent it does not violate a material intention of the testator under Article 6 of Chapter 4 of this title and includes terms and conditions that properly could be approved by the court under Code Section 53-5-25 or other applicable law.
(c) A nonjudicial settlement agreement entered into in accordance with this Code section shall be final and binding on all parties to such agreement, including individuals not sui juris, unborn individuals, and persons unknown who are represented by a guardian who may represent and bind such parties under Code Section 53-5-25 or 53-11-2, as if ordered by a court with competent jurisdiction over the will, the estate of the decedent, and the parties.
(d) Any person bound by a nonjudicial settlement agreement under subsection (c) of this Code section may request that the court approve such agreement, determine whether the representation provided under Code Section 53-5-25 or 53-11-2 was adequate, determine whether such agreement violates a material intention of the testator under Article 6 of Chapter 4 of this title, determine whether such agreement contains terms and conditions the court properly could have approved, or make any other similar determination.
(e) If a trust designated in the will to take an interest in real or personal property would have such interest affected by the nonjudicial settlement agreement:
(1) The provisions of such agreement affecting such interest shall satisfy the requirements of Code Section 53-12-9 in order to be binding on the trust, the trustee, any trust director, and the trust beneficiaries; and
(2) A probate court not subject to Article 6 of Chapter 9 of Title 15, upon the request of any person bound by a nonjudicial settlement agreement that the court determine whether such agreement contains terms and conditions the court properly could have approved, shall enter an order transferring the proceeding to the superior court to which an appeal would lie under Code Section 5-3-2 for the determination of all questions under subsection (d) of this Code section.
(f ) Entering into or petitioning a court regarding a nonjudicial settlement agreement under this Code section shall not constitute a violation of a condition in terrorem under Code Section 53-4-68.
History
Code 1981, § 53-5-27, enacted by Ga. L. 2020, p. 377, § 1-25/HB 865.
Effective date. - This Code section became effective January 1, 2021.
ARTICLE 5 FOREIGN AND OUT-OF-STATE WILLS; NONDOMICILIARIES
Annotations
Law reviews. - For article, ‘‘Foreign Wills in Georgia,’’ see 14 Ga. B.J. 410 (1952). For article, ‘‘Probate and Administration of Small Estates in Georgia: Some Proposals for Reform,’’ see 6 Ga. L. Rev. 74
(1971). For article, ‘‘The Probate and Establishment of Domestic and Foreign Wills: An Analysis of Statutory Requirements,’’ see 13 Ga. L. Rev. 133 (1978).
RESEARCH REFERENCES ALR. - Nonresidence of decedent owning real property in the state as affecting application of local statute relating to descent of real property, 119 A.L.R. 523.
Conflict of laws respecting wills as affected by statute of forum providing for will executed in accordance with law of another state, 169 A.L.R. 554.
What constitutes ‘‘estate’’ of nonresident decedent within statute providing for local ancillary administration where decedent died leaving an estate in jurisdiction, 34 A.L.R.2d 1270. Right of nonresident surviving spouse of minor children to allowance of property exempt from administration or to family allowance from local estate of nonresident decedent, 51 A.L.R.2d 1026.
Probate, in state where assets are found, of will of nonresident which has not been admitted to probate in state of domicil, 20 A.L.R.3d 1033. Modern status: inheritability or descendability of right to contest will, 11 A.L.R.4th 907.
PART 1 GENERAL PROVISIONS