Wills And Administrators
Wills and AdministrationsA will is a document
which discloses how a person wishes his or her property to be
distributed after death. A will must meet certain legal requirements.
The law requires that a person making a will must be 18 years of age or
older, of sound mind and under no undue influence. The will must be
signed by the maker and witnessed by at least two people. After a will
is written, it should be kept in a safe place and the executors or
personal representatives should be notified where the will is being
kept. A will should be
probated within five (5) years after the person is deceased. Forms are
available for the probate of a will in Randolph If a person dies
without a will, a Petition for Letters of Administration may be filed.
The petitioner must be a resident of the State and is required by law to
acquire a bond that will cover the amount of the estate plus one years
estimated growth. After the Letters
are issued, an inventory is required to be filed within 60 days after
appointment. |