Estate Settlement No Will

I. Introduction

This Estate Settlement Template is designed for the administration of the estate of a deceased individual who has died intestate (without a will). This template includes the essential procedures and documentation required to appropriately settle the estate in accordance with state laws.

II. Party Information

Complete the following information related to the deceased and the administrator of the estate:

Deceased's Full Name: [DECEASED'S FULL NAME]
Date of Death: [DATE OF DEATH]
Administrator's Full Name: [ADMINISTRATOR'S FULL NAME]
Relationship to Deceased: [RELATIONSHIP TO DECEASED]
Address of Administrator: [ADMINISTRATOR'S ADDRESS]
Contact Information of Administrator: [ADMINISTRATOR'S PHONE NUMBER], [ADMINISTRATOR'S EMAIL]

III. Inventory of Estate

Create a comprehensive inventory list of all the assets and liabilities of the estate. Include:

Real estate properties
Bank accounts
Investments
Vehicles and other personal properties
Outstanding debts and liabilities

IV. Valuation of Estate

The estate must be properly valued to determine the net estate, which includes:

Appraisal of real estate and personal properties
Current statements from all financial accounts
Professional valuation of unique assets (e.g., art, jewelry)

V. Distribution of Assets

According to the intestate succession laws applicable within the jurisdiction of the deceased, the estate will be distributed as follows:

Identify eligible heirs based on familial relations
Calculate share percentages in accordance with the law
Provide contact information for all heirs: [HEIRS' CONTACT INFORMATION]

VI. Settlement of Debts

All outstanding debts must be settled prior to distribution of the remaining assets:

Notification of creditors and public announcement
Payment of outstanding debts
Resolution of any claims against the estate
Final tax returns and other statutory obligations

VII. Legal Documentation and Filings

Prepare and file all necessary legal documents, including:

Death certificate
Estate inventory submission to the court
Documentation of asset distribution
Final settlement report for the court’s approval

VIII. Signatory Section

The undersigned parties agree to the terms of this Settlement as described above:

[ADMINISTRATOR'S FULL NAME]

[DATE]