HB0330

Increases the maximum estate value thresholds for simplified probate procedures and clarifies the effect of certain property disclaimers.

• Increases the maximum estate value threshold from $200,000 to $750,000 for the affidavit procedure allowing payment of indebtedness and delivery of tangible personal property without full probate administration. (W.S. 2-1-201(a)(i))
• Increases the maximum estate value threshold from $200,000 to $750,000 for government entities to collect assets by affidavit when the decedent was indebted to them. (W.S. 2-1-204(a)(i))
• Increases the maximum estate value threshold from $200,000 to $750,000 for the summary procedure allowing distributees to obtain a decree of summary distribution of personal or real property without full probate. (W.S. 2-1-205(a))
• Establishes that a written irrevocable disclaimer of property is effective to terminate and pass an interest in property if the disclaiming party acknowledges in writing that the disclaimer does not qualify for federal or other tax purposes. (W.S. 2-1-403(d))
• Increases the maximum estate value threshold from $200,000 to $750,000 for nonresident estates with property in Wyoming to be exempted from probate if the estate has been duly probated and settled in another state. (W.S. 2-11-201)
• Increases the maximum estate value threshold from $200,000 to $750,000 for Wyoming district judges to enter orders for the sale of nonresident property located in Wyoming. (W.S. 2-11-202(a))

Effective: July 1, 2025

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