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Ethics is knowing the difference between what you have a right to do and what is right to do.
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Legal Definitions - nonintervention will
Definition of nonintervention will
A nonintervention will is a type of last will and testament that specifically grants the executor (the individual or entity named in the will to manage the deceased's estate) the authority to administer the estate with minimal or no direct supervision from the probate court. This means the executor can typically carry out their duties, such as collecting assets, paying debts, and distributing property to beneficiaries, without needing to seek court approval for most actions. The primary goal of a nonintervention will is to streamline the estate administration process, making it more efficient and often less costly, by reducing the need for frequent court filings and hearings, unless a dispute arises among beneficiaries or creditors.
Example 1: Straightforward Estate Administration
When Mr. Henderson passed away, his will named his eldest daughter, Lisa, as the executor and explicitly stated it was a nonintervention will. His estate consisted of a family home, a savings account, and a few investment portfolios, all to be divided equally among his three children. Because the will was a nonintervention will, Lisa was able to proceed with selling the house, consolidating bank accounts, paying any outstanding debts, and distributing the remaining assets to her siblings and herself without needing to file detailed reports or seek court permission for each step. She simply ensured she followed the terms of the will and applicable law, significantly reducing the time and legal fees that would otherwise be spent on court appearances and filings.
Example 2: Managing a Complex Business Interest
Ms. Chen, a successful entrepreneur, drafted a nonintervention will, appointing her trusted business partner, David, as executor. Her estate included her significant share in a rapidly growing tech startup, which required ongoing management and potentially a quick sale to a larger corporation. With a nonintervention will, David had the broad authority to make timely decisions regarding Ms. Chen's business interest, such as negotiating a sale, managing her equity, or overseeing her share of operations, without the delays that would come from needing court approval for every significant business transaction. This flexibility was crucial for preserving the value of the business and ensuring a smooth transition or sale, which might otherwise be jeopardized by court-mandated waiting periods or approvals.
Example 3: Handling Potential Disputes Efficiently
Robert's nonintervention will designated his sister, Maria, as executor and left specific antique furniture to various family members, with the remainder of his estate going to his children. One of Robert's nieces, who was not a beneficiary, believed she was promised a particular heirloom. Despite the niece's claim, Maria, as the nonintervention executor, could generally continue with the administration of the estate, distributing assets according to the will, without immediate court intervention. The niece would have to proactively file a petition with the probate court to challenge the will or Maria's actions. Unless such a challenge is successfully brought before the court, Maria's authority to administer the estate independently remains intact, allowing the process to move forward efficiently without being stalled by every potential disagreement.
Simple Definition
A nonintervention will is a type of will that grants the executor the power to administer the deceased person's estate largely free from court supervision. This allows the executor to manage and distribute assets without needing court approval for most actions, streamlining the probate process.