Wyoming Petition for Forfeiture
Description
How to fill out Petition For Forfeiture?
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FAQ
Forfeiture is broadly defined as the loss of property for failing to obey the law, and that property is generally lost to the state. A person may have a vested interest in property to be forfeit in two ways: In personum jurisdiction and in rem jurisdiction.
2-1-201. Payment of indebtedness and delivery of tangible personal property or instruments evidencing debt. (B) The title of the proceedings and name of the court and jurisdiction in which the application was made.
In Wyoming, a probate court will name an estate executor after a person passes without a will or a living trust. The executor must begin the probate process within 30 days of learning that the estate owner passed away. If they fail to file within 30 days, the court may establish a new executor.
If the lawful owner of the property can reasonably be ascertained, the property shall be delivered to him without judicial action unless the property constitutes evidence of a crime, the possession of the property would be unlawful or ownership and interest are in dispute.
Wyoming also offers a simplified probate process for small estates. If the affidavit procedure was used, there is no need to use the simplified probate process. An estate qualifies for this process if the value of the entire estate, less liens and encumbrances, is $200,000 or less.
In Wyoming, 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).
First Offender Treatment under Wyoming Statute §7-13-301 is often referred to as a ?301.? 301 treatment is available to people most people who have been charged with a felony or misdemeanor in Wyoming. There are situations where people cannot receive 301 treatment.
If you die without a will in Wyoming, your children will receive an "intestate share" of your property. The size of each child's share depends on how many children you have and whether or not you are married.