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New Hampshire Notice of Will Filed - No Estate Admin Requested

State:
New Hampshire
Control #:
NH-SKU-0789
Format:
PDF
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Description

Notice of Will Filed - No Estate Admin Requested

New Hampshire Notice of Will Filed — No Estate Admin Requested is a document filed to the Probate Court in New Hampshire when a will is submitted to the court without a request for an estate administrator. This document is typically filed by the executor of the estate to the court to give formal notice that the will has been filed and the executor is not requesting assistance from the court in administering the estate. There are two main types of New Hampshire Notice of Will Filed — No Estate Admin Requested: (1) Notice of Will Filed for Formal Probate and (2) Notice of Will Filed for Informal Probate. The Notice of Will Filed for Formal Probate is filed when the will is subject to formal probate proceedings, while the Notice of Will Filed for Informal Probate is filed when the will is not subject to formal probate proceedings.

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FAQ

Simple estates might be settled within six months. Complex estates, those with a lot of assets or assets that are complex or hard to value can take several years to settle. If an estate tax return is required, the estate might not be closed until the IRS indicates its acceptance of the estate tax return.

In New Hampshire, probate can take at least six months to allow creditors to file claims against the estate. On average, the probate process can take up to a year and a half. During the NH probate process, heirs are not able to access the money their loved ones wanted them to have.

New Hampshire probate follows this general flow: contact the court, get appointed as personal representative, submit will if it exists, inventory and submit valuations of all relevant assets, have the court and beneficiaries approve it, and then distribute the assets to beneficiaries.

Pursuant to RSA 5, Waiver of Administration may be used when one of the following conditions is present (with or without a will): (1) Whenever a decedent dies testate and an individual is named in the will as the sole beneficiary of the decedent's estate and is appointed to serve as administrator.

Probate can take anywhere from around nine months to about a year for an average estate to be settled through New Hampshire probate.

If the estate is small and has a reasonable amount of debt, six to eight months is a fair expectation. With a larger estate, it will likely be more than a year before everything settles. This is especially true if there's a lot of debt or real estate in multiple states.

MANAGING THE ESTATE For all forms of administration, the estate must remain open for at least six months from the date of appointment to allow creditors to present claims. If all claims have been paid, the estate may be closed and a final account filed after six months.

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New Hampshire Notice of Will Filed - No Estate Admin Requested