How do I distribute assets through a will?

In Virginia, the distribution of assets through a will is a legal procedure that must be formally handled by an attorney. The will must be properly written in accordance with the laws of the state and must be signed by the deceased person in the presence of two witnesses. Once the will is written and properly signed it is submitted to the court. The court reviews the will and decides whether it is valid. If it is, it is then called a “probated” will. The court then sends out notices to all the heirs to inform them of the will and their share in the distribution of assets. The court may appoint an executor or an administrator to oversee the process of distributing the assets. The executor or administrator is responsible for gathering the assets of the deceased person, notifying creditors of the deceased person, and paying outstanding bills and taxes. The executor or administrator is then expected to distribute the remaining assets according to the will. This means they need to ensure that all heirs receive their share of assets that are named in the will. If the deceased person has not listed specific bequests, the executor or administrator must distribute the assets according to Virginia’s laws of intestate succession. After all the assets have been distributed, the executor or administrator must file all the necessary paperwork with the court. This paperwork includes an inventory of assets and other documents required by the court to close the estate. Once the paperwork is filed, the executor or administrator is released from their duties and the will has been fulfilled.

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