Laws governing wills vary from state to state and are usually located in a state’s statutes—in its estates code, for example. Generally, a will is a legal declaration of a person's intention or wish regarding the disposition of his property, the guardianship of his children, and the administration of his estate upon his death. It is said to be a means of transferring title to property. Any writing or declaration by which a person intends to dispose of his property or estate upon his death is a will, and if done as required by law, is entitled to probate as a will. A will vests no present interest in the property it intends to distribute—it is only effective upon the death of the person making the will (the testator). And a will is ambulatory—meaning the testator can change or revoke it during his lifetime.
A will may (1) direct how the testator's property should be disposed of upon his death; (2) direct how not to dispose of the testator's property, such as by expressly disinheriting a child or other heir; (3) revoke a prior will; and (4) appoint an executor of the testator's estate, and a guardian for the testator's children.
Some common types of wills include:
Holographic wills—a holographic will is a will that is written entirely in the testator's handwriting. A will intended by the testator as holographic will be enforced even though it contains words not in the handwriting of the testator, if such other words are not necessary to complete the will and do not affect its meaning. For example, an acknowledgment of a notary public and the notary public's signature are surplusage not necessary to complete the will and do not affect its meaning. A holographic will is not required to be attested by subscribing (signing) witnesses.
Attested wills—an attested will is a will that is attested to (declaring or swearing to the truth of) by two or more credible witnesses who are at least 14 years of age, and who sign their names to the will in their own handwriting in the testator's presence. An attested will can be handwritten by the testator, but usually is not.
Codicils—a codicil is a supplement to a previous will that adds to, modifies, or revokes one or more provisions of the earlier will.
In Vermont, the laws governing wills are outlined in Title 14 (Decedents' Estates and Fiduciary Relations) of the Vermont Statutes. A will in Vermont is a legal document that expresses a person's wishes regarding the distribution of their property and the care of any minor children upon their death. To be valid, a will must generally be in writing, signed by the testator (the person making the will), and witnessed by at least two individuals who are present at the same time and who also sign the will. Vermont does recognize holographic wills, which are entirely handwritten by the testator, but they must meet specific requirements to be considered valid. These requirements include being dated and clearly indicating the testator's intent to make a testamentary disposition. Attested wills, which are not necessarily handwritten by the testator, must be signed by the testator and witnessed by at least two credible witnesses. Codicils, which are amendments to a will, must also be executed with the same formalities as a will. It's important to note that wills are ambulatory, meaning the testator can change or revoke them at any time during their lifetime. Upon the testator's death, the will becomes effective and is subject to probate, the legal process through which the will is validated and the estate is administered.