What is a non-judicial settlement agreement?
A non-judicial settlement agreement is a legal document used when a dispute arises over an inheritance in West Virginia. This document is created between the parties involved in the dispute, and is often used as an alternative to other more costly legal methods of resolving the dispute. In this agreement, the parties involved must come to an agreement about how the inheritance issue is to be resolved. In order to create such an agreement, both parties must agree upon a set of ground rules, such as the distribution of the inheritance and ownership of any assets involved. These ground rules should be clear and concise, so that both parties understand the agreement and know what is expected of them. The agreement does not need to be filed with the court in order to be legally binding. However, it is important to note that this agreement is not necessarily binding in the same way a court ruling or judgment would be. This is because the agreement is not enforceable by the court, and the parties can still go to court if the agreement does not hold. In summary, a non-judicial settlement agreement is a document used to settle any inheritance disputes in West Virginia without having to go to court. This agreement allows the parties to come to an agreement on how the inheritance is to be distributed and owned, and is not legally binding in the same way a court ruling or judgment would be.
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