Most people know that they should have a will, but many don't know what a will is and how it works.
A will, also called a "last will and testament," can help you protect your family and your property. You can use a will to:
In Vermont, if you die without a will, your property will be distributed according to state "intestacy" laws. Vermont's intestacy law gives your property to your closest relatives, beginning with your spouse and children. If you have neither a spouse nor children, your grandchildren or your parents will get your property. This list continues with increasingly distant relatives, including siblings, grandparents, aunts and uncles, cousins, nieces, and nephews. If the court exhausts this list to find that you have no living relatives by blood or marriage, the state will take your property.
No. You can make your own will in Vermont, using Nolo's do-it-yourself will software or online will programs. However, you may want to consult a lawyer in some situations. For example, if you think that your will might be contested or if you want to disinherit your spouse, you should talk with an attorney. Nolo's will-making products tell you when it's wise to seek a lawyer's advice.
To finalize your will in Vermont:
No, in Vermont, you do not need to notarize your will to make it legal.
However, Vermont allows you to make your will "self-proving" and you'll need to go to a notary if you want to do that. A self-proving will speeds up probate because the court can accept the will without contacting the witnesses who signed it.
To make your will self-proving, you and your witnesses will go to the notary and sign an affidavit that proves who you are and that each of you knew you were signing the will.
Yes. In Vermont, you can use your will to name an executor who will ensure that the provisions in your will are carried out after your death. Nolo's will software and online will produces a letter to your executor that generally explains what the job requires. If you don't name an executor, the probate court will appoint someone to take on the job of winding up your estate.
If you have two wills and it's not clear whether you revoked the old will or not, Vermont has rules that determine whether your new will revokes the old one or simply adds to it. Vermont law presumes you intended to revoke your old will if the new will disposes of all of your estate. If you didn't dispose of all of your estate in your new will, Vermont law presumes you only meant to add on to your old will. In this situation, the executor should follow the instructions in both wills. If there's a contradictory term, the executor should follow the instructions of the new will for that particular term. 14 Vt. Stat. Ann. § 11.
While many states automatically revoke all or part of your will if you divorce your spouse after making it, a divorce in Vermont has no impact on your will. So, if you made your will during your marriage and now you're divorced, if you don't want your will to benefit your former spouse, you must make a new will.
If you need to make changes to your will, it’s best to revoke it and make a new one. However, if you have only very simple changes to make, you could add an amendment to your existing will – this is called a codicil. In either case, you will need to finalize your changes with the same formalities you used to make your original will (see above).
You can find Vermont’s laws about making wills here: Vermont Statutes Title 14 Decedents' Estates and Fiduciary Relations Chapter 1 Wills.