Time Period to Administer a Probate Estate in Iowa
Iowa law limits the time period in which to administer an estate of an Iowa decedent. Iowa Code section 633.331. If an estate is not opened up within 5 years after death of the decedent, it will not be able to opened up. Iowa currently does not recognize any exception to this rule.
What does that mean? If there is a will and you wait more than 5 years after death before doing anything, you've waiting too long. Good luck on the headaches of transferring any assets at that point.
This doesn't mean that you always have to probate an estate, but if there are any possible assets that may need to be distributed, don't wait.