The majority of jurisdictions now allow for trust beneficiaries and fiduciaries to resolve trust matters by consent through the use of a nonjudicial settlement agreement (NJSA).1 Resolving a matter by NJSA is almost always more expedient and cost effective than petitioning a court. Additionally, virtual representation statutes have made it possible to obtain the consent of all beneficiaries. As a result, the demand for NJSAs has dramatically increased in recent years. Rarely does a
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