Rensselaer Republican, Volume 14, Number 4, Rensselaer, Jasper County, 13 October 1881 — The New Probate Laws. [ARTICLE]

The New Probate Laws.

The new laws now in force introduce several important changes in the administration of decendents’ estates, and the relations of guardians and words. Under the new law setlements will be much more promnt, and while the administrator’s expenses will be slightly increased there will result a vast saving in assets to the estates of deceased persons. The executor or administrator is now required, at the end of &aeh six months during the continuance of his trust, to report the amount of fnnds received by him for the benefit of an estate, and at the end of each year he must file an. account current, showing receipts and disbursements. Upon failure to make any of the above reports, it is made the duty of the court to issue a citation. As a result of these requirements a large amount of interest will doubtless be saved to the estates of deceased persons. The change in guardianship laws are by way of amendments aud in effect increase the gurdian’s penalty and bond, and provides in addition to the old law, that petitions for removal may originate with the ward upon sufficient cause. It is provided that whenever an unmarried woman, who is a guardian, marries, she shall bo removed unless her husband should signify to the court his assent in writiug filed in open court to her continuance in said trust, which assent shall make him jointly liable with ;her for due execp'Jon of said trust. There are no changes in the guardianship of insane persons and all changes iu probate laws are for the purpose of aud effecting a saving of funds held in trust by administrators.