Intro & Overview Two Basic Methods of Transfer at Death By Will By Statute (No Will) Testate Intestate
Requirements for Validity of Wills Testamentary Intent (takes effect at death)
Testamentary Capacity Testator Must Know: Kind & Character of His Property Natural Objects of His Bounty Effect of this Act of Making a Will
Testator Must Have Ability to Form a Plan for Disposition of Her Estate
Formal Execution Requirements 2 Witnesses if Typewritten T’s Signature Competence of Witnesses Witnesses Sign in T’s Presence No Publication Required
Holographic Will **Wholly in T’s Handwriting**
Instrument Modifying or Adding to an Existing Will
Probate of a Will --Court Validates the Will Administration of Estate --Representative 1.Collects Assets 2.Pays Debts 3.Distributes Remainder
Executor: Named in the Will Administrator: Appointed by the Court
In Texas -Independent Executorship Independent Executor acts free of court control
Dependent Administrator Acts Under Court Supervision