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Report of appraisal; verification of values of estate assets. 2-7-404. Report of appraisal; verification of values of estate assets. (a) Within one hundred twenty (120) days after the timely filing by the personal representative of the inventory of assets of the estate of the decedent, pursuant to W.S.

Except as provided in the next section, all wills to be valid shall be in writing, or typewritten, witnessed by two (2) competent witnesses and signed by the testator or by some person in his presence and by his express direction.

Initially, a decision should be made as to whether to probate the will. 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)

Except as otherwise provided in the terms of the trust, property not required for the intended use shall be distributed to the settlor, if then living, otherwise to the settlor's successors in interest; (iv) No common law rule limiting the duration of noncharitable purpose trusts is in force in this state.

Dying Without a Will in Wyoming The court will then follow intestate succession laws to determine who inherits your assets, and how much they get. If there isn't a will, the heirs by law must agree and appoint someone to serve as the executor of the probate estate. The person appointed must consent to the role.

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).