Iowa Code

Iowa Code § 633.114 (2026)

Compromise of claims held by an estate

✓ current as of July 2026

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When it appears for the best interest of the estate, the fiduciary may, subject to approval of the court, effect a compromise with any debtor or other obligor, or extend, renew, or in any other manner, modify the terms of any obligation owing to the estate. If the fiduciary holds a mortgage, pledge, or other lien upon property of another person, the fiduciary may, in lieu of foreclosure, accept a conveyance or transfer of such encumbered assets from the\n\nTue Dec 09 21:59:21 2025 Iowa Code 2026, Chapter 633 (154, 4) 33 PROBATE CODE, §633.119\n\nowner thereof in satisfaction of the indebtedness secured by such lien, if it appears for the best interests of the estate, and if the court shall so order. [C51, §1336; R60, §2368; C73, §2382; C97, §3318; C24, 27, 31, 35, 39, §11928; C46, 50, 54, 58, 62, §635.17; C66, 71, 73, 75, 77, 79, 81, §633.114] Referred to in §633.642

Notes of Decisions

Cited in 2 cases, 1978–1991 · leading case: Matter of Est. of Young, 273 N.W.2d 388 (Iowa 1978).

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Matter of Est. of Young, 273 N.W.2d 388 (Iowa 1978). “With one exception the issues raised by the parties in their opening statements, evidence, and summations were (1) whether the settlement should be approved (on which they seemed to agree), and (2) how the settlement money should be divided between Jerry as surviving spouse and…”

Sweet v. Allstate Ins. Co., 471 N.W.2d 798 (Iowa 1991). · cites it 2× “Authority of Beneficiaries to Settle Wrongful Death Claim and Related Underinsured Motorist Coverage Claims.”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.