Full question:
does a codicil give or can set a time after my death that my husband would settle and give to my sons my share of the estate...i want that to be within 3 months, is that possible? Before he could chanel funds as he is not their father and I do assume that would be the case from back history of his behavior? When it comes to money I ccould not count on a fair case. please advise..perfer call then as to verbage by e-mail at... stephens.charlotte@yahoo.com
- Category: Wills and Estates
- Date:
- State: Georgia
Answer:
To change a will, a person can prepare and properly execute an entirely new will that revokes the previous will or prepare and properly execute a codicil to the will. A codicil is a separate document that adds to and/or replaces one or more provisions in an existing will. A new will is typically recommended over a codicil to minimize the possibility of a later dispute.
An executor is responsible for handling the affairs of the deceased and is appointed in a will. The executor is responsible for distributing the assets of the deceased according to the timeline of the probate process. Many of the will forms offered by USLegal contain a provision for appointment of a trustee so that assets may be designated to be released to children by a trustee.
Please see the following GA statute:
53-5-5. (Revised Probate Code of 1998) A person having possession of a
will shall file it with reasonable....
A person having possession of a will shall file it with reasonable
promptness with the probate court of the county having jurisdiction.
The probate court may attach for contempt and may fine and imprison a
person withholding a will until the will is delivered.
For further discussion, please see:
http://www.traceyabloodsaw.com/blog/2007/revised-will-vs-codicils/
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.