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In Wyoming, if you are married and you die without a will, what your spouse gets depends on whether or not you have living descendants -- children, grandchildren, or great-grandchildren. If you don't, then your spouse inherits all of your intestate property.
Joint Tenancy with Right of Survivorship Ownership by two or more persons with a right of survivorship. When one joint tenant dies, the other joint tenants automatically receive the deceased owner's share of the property.
An inheritance is considered separate property: You don't have to share it with your spouse. But if you want to make sure inherited assets remain separate, you need to follow guidelines on how to hold and use your inherited funds.
If you die intestate in Wyoming, which is not a community property state, what your surviving spouse inherits depends on whether or not you have living descendants. Living descendants would include children, grandchildren, and great-grandchildren. If you don't, your spouse will inherit all your intestate property.
A probate will be necessary to transfer the decedent's estate to the heir if the decedent owned assets there were: Located in Wyoming. Worth more than $200,000 (as of the writing of this article, not counting mortgages and other encumbrances) Held in the decedent's sole name, rather than in a trust or joint tenancy.
Someone who dies without a will is called ?intestate,? which invokes the strict laws of intestacy. In Wyoming in the absence of a will, a surviving spouse inherits the entire estate unless the decedent and surviving spouse have descendants, in which case the spouse and descendants each inherit half.
Next of kin in Wyoming for purposes of intestate succession basically means the same thing as ?heir,? but also includes the surviving spouse. ?Heir? means any person except the surviving spouse, who is entitled to property of a decedent under the statutes of intestate succession.? WY Stat § 2-1-301(xx).
A Wyoming small estate affidavit, or 'Wyoming Affidavit of Collection of Estate Assets', is a form that may be used to shorten the process for settling the estate of a deceased resident (decedent). Thirty (30) days must pass after the death before the affidavit can be used.