Washington Sample Letter for Execution - Distribution of Will to Individual
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How to fill out Sample Letter For Execution - Distribution Of Will To Individual?
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FAQ
491, every will shall be in writing signed by the testator or by some other person under the testator's direction in the testator's presence or electronic presence, and shall be attested by two or more competent witnesses, by subscribing their names to the will, or by signing an affidavit that complies with RCW 11.20.
One question we get is ?do the letters of testamentary expire?? Technically, no, they don't expire. It's not as if your executorship has ended and you need to renew it. Rather, letters are a certificate proving you are still the executor.
The Personal Representative is sometimes called the ?Executor? or, if there was no Will, the Administrator. After you are appointed, you, and only you, have legal authority to manage and distribute the Estate assets without further Court supervision, provided the Estate assets exceed the Estate liabilities.
2 The executor can be almost anyone but is usually a lawyer, accountant, or family member, with the only restriction being that they must be over the age of 18 and have no prior felony convictions. Some people agree to be an executor thinking that it will be years before they have to do any work.
An executor has the authority from the probate court to manage the affairs of the estate. Executors can use the money in the estate in whatever way they determine best for the estate and for fulfilling the decedent's wishes.
Complete a Will Repository Cover Sheet, bring the completed sheet and the original will into the Superior Court Clerk's Office. The fee to file a Will into the repository is $20. If you add information, such as a Codicil, you must pay another $20 fee.
Payment of executors It is legal for an estate executor to charge a fee for their services, given the extent of responsibility the executor accepts. The state typically sets the fee, but roughly three percent of the value of the estate is standard.
What is an Executor of a Will in Washington? An executor, called a Personal Representative under Washington law, is a person whose primary role is to settle the estate of the decedent. If the decedent died with a Will in place (testate), then the executor is to follow the wishes of the decedent as stated in the Will.
