Agreements among family members for the settlement of an intestate's estate will be upheld in the absence of fraud and when the rights of creditors are met. Intestate means that the decedent died without a valid will. The termination of any family controversy or the release of a reasonable, bona fide claim in an intestate estate have been held to be sufficient consideration for a family settlement.
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.
A Wyoming Agreement Between Widow and Heirs as to Division of Estate is a legal document that outlines the distribution of assets and property of a deceased person among the surviving spouse (widow) and other heirs in the state of Wyoming. This agreement serves to clarify and formalize the consensus reached between the widow and the heirs regarding the division of the estate, ensuring a smooth and amicable transfer of assets. Keywords: Wyoming, agreement, widow, heir, division of estate, assets, property, deceased, surviving spouse, consensus, formalize, transfer. There are different types of Wyoming Agreements Between Widow and Heirs as to Division of Estate, which may vary based on the specific circumstances and preferences of the individuals involved: 1. Traditional Wyoming Agreement Between Widow and Heirs: This agreement is commonly used when the deceased person did not leave a will or any testamentary instructions, thus relying on the widow and heirs to come to an agreement on the division of assets. 2. Probate Wyoming Agreement Between Widow and Heirs: In cases where the deceased person had a valid will, this agreement may be utilized to determine a fair distribution of the estate according to the instructions specified in the will. The widow and heirs may agree to modify certain aspects of the will's provisions if mutually beneficial. 3. Mediated Wyoming Agreement Between Widow and Heirs: When conflicts or disagreements arise between the widow and heirs regarding the division of the estate, a mediator may be involved to help facilitate negotiations, compromise, and ultimately reach an agreement that satisfies all parties involved. 4. Court-Ordered Wyoming Agreement Between Widow and Heirs: In certain situations, such as contested wills or complex estates, a court may intervene and issue an order dictating the division of the estate between the widow and heirs. This agreement is a formalized version of the court's decision. Remember, it is crucial to consult an attorney or legal professional specializing in estate planning and probate laws in Wyoming, as each situation is unique and may require specific considerations. (Note: The information provided above is for informational purposes only and should not be considered legal advice. It is always recommended seeking professional legal counsel for specific legal matters.)