Wyoming Agreement to Partition Real Property Between Children of Decedent

State:
Multi-State
Control #:
US-1190BG
Format:
Word; 
Rich Text
Instant download

Description

Partition is the division between two or more persons of real or personal property held by them in common ownership. The division can take place between joint tenants or tenants in common.
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FAQ

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.

Recovery of real property; generally. An action for the recovery of the title or possession of lands, tenements or hereditaments can only be brought within ten (10) years after the cause of such action accrues.

2?18?103, the county clerk shall furnish the following information to the Wyoming department of health, division of healthcare financing within fourteen (14) days of recording the deed: (i) The name of the grantor; (ii) The name of the grantee; (iii) The legal description of the property being transferred.

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.

Wyoming recognizes holographic (handwritten) wills so long as the document is entirely in the handwriting of the testator and signed by the hand of the testator himself. A Wyoming holographic will does not need to be witnessed.

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).

(a) An affidavit stating facts relating to matters which may affect the title to real estate in this state, made by any person having knowledge of the facts and competent to testify concerning them in open court, may be recorded in the office of the county clerk in the county in which the real estate is situated.

Wyoming Statute 34-1-142 requires a statement of consideration be completed whenever a deed, contract or other document transferring legal title is recorded. Information such as the date of sale, purchase price, terms of sale, etc. are required.

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Wyoming Agreement to Partition Real Property Between Children of Decedent