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PRESUMPTION OF REVOCATION AND ITS PURPOSE UNDER CALIFORNIA LAW. Under section 6124 of the Probate Code, a ?lost will? is presumed to have been destroyed by the testator to revoke the will.
When a Georgia resident dies, his or her estate generally goes through probate. Having a Will does not avoid probate, it only directs where your property goes. Certain circumstances do allow property to bypass the probate process. Whether you die with or without a will, your estate goes through probate.
There is no deadline for settling a Georgia estate. Depending on the size of the estate, beneficiaries can anticipate the probate process to take anywhere from six months to several years. While there is no deadline, there are dispute deadlines that beneficiaries should consider.
There are two basic ways to change a will: (1) by writing a new Will; or (2) by amending a current Will with a codicil. Creating a new Will has become the preferred way to change an estate plan. However, creating a new Will without regard to the old one makes the Will vulnerable to court challenges.
Georgia law enumerates specific requirements that must be met for a will to be valid. The statutes concern the testator's (the person who creates the will) age and mindset and how the will is executed. Several factors can invalidate your will, such as it being made because of duress or undue influence.
A written instrument revoking a prior will must be executed, subscribed, and attested with the same formalities as required for a valid will in Georgia. Therefore, it must be signed by the testator and attested and subscribed by two competent witnesses in the presence of the testator. GA Code § 53-4-43.
Express Revocation of Will Format: ?I declare this will to be my last will and testament, and I revoke all prior wills and codicils.? With implied revocation, there are no declarations within the will or codicil about your intention to make all prior wills and codicils null and void.