Indiana Code Title 29. Probate § 29-1-9-1

Sec. 1. The compromise of any contest or controversy as to:

whether or not there is or may be any person interested who is a minor or otherwise without legal capacity to act in person or whose present existence or whereabouts cannot be ascertained, or whether or not there is any inalienable estate or future contingent interest which may be affected by such compromise, shall, if made in accordance with the provisions of this article, be lawful and binding upon all the parties thereto, whether born or unborn, ascertained or unascertained, including such as are represented by trustees, guardians of estates and guardians ad litem;  but no such compromise shall in any way impair the rights of creditors or of taxing authorities.