Oklahoma Release and Exoneration of Executor on Distribution to Beneficiary of Will and Waiver of Citation of Final Settlement

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State:
Multi-State
Control #:
US-03366BG
Format:
Word; 
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Description

Most states have a statute that requires something to the effect that upon the filing of an account for final settlement by the executor of the estate of a decedent, a citation is required to be filed containing a statement that such final account has been filed, the time and place when it will be considered by the court, and a statement requiring interested persons that are cited to appear and contest the same if they see proper.


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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  • Preview Release and Exoneration of Executor on Distribution to Beneficiary of Will and Waiver of Citation of Final Settlement
  • Preview Release and Exoneration of Executor on Distribution to Beneficiary of Will and Waiver of Citation of Final Settlement

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FAQ

§15-221. "Construction agreement" defined - Limitations on liability arising out of death or bodily injury void - Exceptions.

Under Oklahoma law, people who are not your relatives cannot inherit your property unless you make a will leaving them your property. For example, if you want to leave money to someone who is not a relative, like a charitable organization, you need a will to be able to do this. You cannot disinherit your spouse.

The governing body may prohibit and prevent all encroachments into and upon the sidewalks, streets, avenues, alleys and other property of the municipality, and may provide for the removal of all obstructions from the sidewalks, curbstones, gutters and crosswalks, at the expense of the owner or occupier of the grounds ...

Your spouse inherits all property acquired by joint effort during marriage and one-third of the remaining intestate property; your siblings inherit everything else. Your parents inherit everything your intestate property.

Oklahoma's statute of descent and distribution (legalese for what happens to property when someone dies without a will), located at Oklahoma Statutes title 84, section 213, provides in detail who receives what from a deceased person who left no will.

If you do not leave a valid will, the court will distribute your property to your relatives in a certain order set out by law. This is called intestate succession. If you have no will, the laws of intestate succession apply.

If the decedent leave no issue, the estate goes one-half (1/2) to the surviving husband or wife, and the remaining one-half (1/2) to the decedent's father or mother, or, if he leave both father and mother, to them in equal shares; but if there be no father or mother, then said remaining one-half (1/2) goes, in equal ...

In Oklahoma, you can make a living trust to avoid probate for virtually any asset you own?real estate, bank accounts, vehicles, and so on. You need to create a trust document (it's similar to a will), naming someone to take over as trustee after your death (called a successor trustee).

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Oklahoma Release and Exoneration of Executor on Distribution to Beneficiary of Will and Waiver of Citation of Final Settlement