Terms Used In 15 Guam Code Ann. § 1003

  • Bequest: Property gifted by will.
  • Decedent: A deceased person.
  • Devise: To gift property by will.
  • Grantor: The person who establishes a trust and places property into it.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Intestate: Dying without leaving a will.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Probate: Proving a will
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Testate: To die leaving a will.
  • Trustee: A person or institution holding and administering property in trust.
When a deceased spouse disposes by will of all or part of his interest in the community property to someone other than the surviving

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spouse, or when the will of a deceased spouse contains a trust, or when the will of a deceased spouse limits the surviving spouse to a qualified ownership in the property, that part of the interest of the deceased spouse in the community property disposed of to someone other than the surviving spouse, disposed of in trust, or limiting the surviving spouse to a qualified ownership in the community property shall be subject to administration under the provisions of Division 3 of this Title. A will that provides for a devise or bequest of community property to the surviving spouse if such spouse survives the deceased spouse by a specified period of time shall not be considered to create such a qualified ownership as to fall under the provisions of this Section, if the specified period of time has expired.

SOURCE: California Probate Code, § 204 (as amended).

§ 1005. Passage of Community Property to Surviving Spouse Without Administration; Surviving Spouse’s Election of Admin- istration.

(a) Except as provided in Section 1003 of this Title, when a married person dies intestate, or dies testate and by valid will leaves all of his interest in the community property to the surviving spouse, such interest passes to the surviving spouse subject to the provisions of Sections 1007 and 1009 of this Title, and no administration thereon shall be necessary.

(b) Notwithstanding the provisions of subsection (a) of this Section, upon the election of the surviving spouse or the personal representative or the guardian of the estate of the surviving spouse, the interest of the deceased spouse in the community property or both the interest of the de- ceased spouse and the surviving spouse in the community property may be administered under the provisions of Division 3 of this Title. The election provided for herein must be made within four (4) months after the issuance of letters testamentary or of administration, by a writing filed in the proceedings for the administration of the estate of the deceased spouse and prior to the entry of a decree under Section 3037 of this Title.

(c) Notwithstanding the provisions of subsections (a) and (b) of this Section, the surviving spouse or the personal representative or the guardian of the estate of the surviving spouse may file an election and agreement in the proceedings for the administration of the estate of the deceased spouse to have all or part of the interest of the surviving spouse

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in the community property transferred by the surviving spouse to the trustee under the will of the deceased spouse or the trustee of an existing trust identified by the will of the deceased spouse, to be administered and distributed by the trustee. The election and agreement must be filed before the entry of the decree of final distribution in the proceedings.

SOURCE: California Probate Code, § 202 (as amended.)

COMMENT: Section 202 of the California Probate Code provides for an election by the conservator of the surviving spouse’s property, in addition to elections by the personal representative and the guardian of the estate, in subsections (b) and (c); Guam law currently contains no conservatorship provisions, and thus such provisions are currently unnecessary in Guam. If conservatorship provisions are
enacted in Guam, § 1005 should be amended to include the words, A…or conser-
vator of the property…@ after the words, A…guardian of the estate…@ in subsections
(b) and (c).

§ 1007. Surviving Spouse’s Ability to Deal With Community Property; Notice of Claim of Another Under Decedent‘s Will; Such Property Treated as If It Were Surviving Spouse’s Separate Property.

After ninety (90) calendar days from death of a married person, the surviving spouse of such person or the personal representative or guardian of the estate of such surviving spouse shall have full power to sell, lease, mortgage or otherwise deal with and dispose of the community real property, unless a notice is recorded in the Department of Land Management of the Government of Guam to the effect that an interest in the property is claimed by another under the will of the deceased spouse. Such notice must also describe the property in which such interest is claimed, and set forth the name or names of the owner or owners of the record title to the property. There shall be endorsed upon such notice instructions that it shall be indexed by the Department of Land Management of the Government of Guam in the name or names of the owner or owners of the record title to the property, as grantor or grantors, and in the name of the person claiming an interest in the property, as grantee. The right, title and interest of any grantee, purchaser, encumbrancer, or lessee shall be as free of rights of devisees or creditors of the deceased spouse to the same extent as if the property had been owned as the separate property of the surviving spouse.

SOURCE: California Probate Code § 203 (as amended); Guam Law Revision
Commission.

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COMMENT: See Comment to § 1005, supra, as similar considerations apply to § 1007. Note that in the California version of the Section, the time limitation set forth in the first sentence is forty days; this has been expanded to ninety days in the Guam version, as the Commission was of the opinion that a ninety-day period is a more realistic limitation in Guam, but does not impose an unreasonable restraint on
alienation of real property.