What is a "statutory will"?

A statutory will is indeed a will created by a court for individuals who lack the capacity to make their own will. This mechanism is designed to protect the interests of those who, due to various reasons such as mental incapacity, are unable to express their testamentary intentions. The court steps in to create a will that reflects what it believes the individual would have wanted based on the information available about their family, assets, and prior expressions of intent.

This process is particularly important in ensuring that individuals who may not be able to participate in the will-making process due to their circumstances still have a legally recognized document that governs the distribution of their estate after death. Statutory wills help to prevent disputes among potential beneficiaries and provide a measure of certainty and fairness in such situations.

The other options present different concepts that do not accurately describe statutory wills. For example, a will automatically established upon death contradicts the very nature of wills, which require prior creation and execution to become effective. A will requiring approval from all beneficiaries could imply an arrangement that is not standard in will-making, as wills typically do not require such consent prior to execution. Lastly, the assertion that a will does not require witnesses misrepresents the legal requirements for valid will execution in many jurisdictions,