Informal Probate Administration

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Presentation transcript:

Informal Probate Administration Chapter 10

Informal Probate Generally reduces the time required to complete the administration of an estate Involves fewer steps and less complicated procedures Allows for easy distribution, since notice requirements and court approval are not necessary

Application for Informal Probate Appointment of personal representative Application for informal probate

Application for Informal Probate Acceptance by registrar of wills All requirements have been met Applicant has affirmed that statements in the application are true Applicant is an interested person Applicant has chosen the proper venue 120 hours have passed since the decedent’s death Those demanding notice received it

Duties and Powers of the Personal Representative Proper distribution of estate assets according to the will Notice to interested persons Payment of creditors’ claims Inventory property Hold and manage assets Final accounting Closing the estate