Disclaimer: This article is for educational purposes and does not constitute legal advice. Always consult a qualified attorney to address your specific situation.
Detailed Answer
Under Wyoming law, a personal representative (sometimes called an executor or administrator) must keep heirs informed and fulfill specific duties throughout the probate process. These requirements ensure transparency, protect heirs’ interests, and allow the court to supervise estate administration.
1. Notice of Appointment and Probate Proceedings
The representative must mail notice of their appointment and a copy of the initial probate petition to all heirs and devisees within 14 days after the court admits the will or appoints the administrator. This alerts heirs to the probate case and their rights to participate. See Wyo. Stat. Ann. § 2-6-108.
2. Inventory and Appraisement
Within three months of appointment, the personal representative must file a detailed inventory of the estate’s assets. This document lists real property, personal property, bank accounts, investments, and other items. It gives heirs a clear picture of estate value. See Wyo. Stat. Ann. § 2-6-108.
3. Creditor Notice
The representative must publish a notice to creditors in a newspaper of general circulation in the decedent’s county. They also mail notice to known creditors. Creditors then have at least four months to file claims against the estate. See Wyo. Stat. Ann. § 2-6-119.
4. Accounting and Reporting
At the conclusion of estate administration—or sooner if heirs request—the personal representative must prepare and file a full accounting. This report details all receipts, disbursements, and proposed distributions. The court and heirs may review the accounting and raise objections before approval. See Wyo. Stat. Ann. § 2-6-113.
5. Distribution of Assets
After paying valid creditor claims, taxes, and administrative expenses, the representative distributes the remaining assets to heirs or beneficiaries according to the will or Wyoming intestacy rules. The representative must notify heirs in writing before each distribution and provide final account details. See Wyo. Stat. Ann. § 2-6-116.
6. Ongoing Communication and Record-Keeping
The personal representative must maintain accurate records of all estate transactions. They should respond promptly to heirs’ reasonable inquiries and provide periodic updates on the estate’s status, including any delays or disputes.
Helpful Hints
- Send critical notices by certified mail or another trackable method.
- Keep copies of all correspondence, filings, and receipts.
- Use a dedicated bank account for estate finances to simplify accounting.
- Hold regular check-ins with heirs to address concerns early.
- Seek legal advice for complex assets, tax issues, or contested claims.