
Vermont Estate Planning Basics
Three Vermont planning documents, three signing rules. A will takes two witnesses, an advance directive two and no notary, a power of attorney neither.
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Three Vermont planning documents, three signing rules. A will takes two witnesses, an advance directive two and no notary, a power of attorney neither.

Vermont requires a bond from every executor and administrator under 14 V.S.A. § 906, filed before the Probate Division issues letters of administration.

Vermont executor duties in statute order: qualify in the Probate Division, file the bond before letters, file the 60-day inventory, then account and close.

Vermont has no dollar-capped exempt property allowance. A surviving spouse gets specific items: household goods under § 312 and a boat or ATV under § 313.

Vermont sets no dollar figure for the family allowance. 14 V.S.A. §§ 316 to 318 leave the amount to the Probate Division, and it comes off the top.

Vermont taxes an estate above $5,000,000 at 16 percent of the excess, not the whole. There is no inheritance tax, and the federal line is $15,000,000.

Vermont proves an adult guardianship by clear and convincing evidence under 14 V.S.A. § 3068(f), appoints no conservators, and grants each power one at a time.

Who inherits without a will in Vermont: the two spouse shares under 14 V.S.A. § 311, the heir ladder in § 314, and the 120-hour survival rule.

A Vermont pet trust runs on 14A V.S.A. § 408. Who enforces it, the reporting rights your enforcer holds, and the two rules that squeeze the funding.

A Vermont power of attorney needs only the principal's signature under 14 V.S.A. § 4005. No witnesses, no notary for validity, and durable unless it says so.
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