What Happens If Someone Dies Without a Will
According to the ancient sayings, death, and tax are the old two things which are certain. Despite the fact that taxes are paid annually, a majority of people fail to plan themselves well. Death is horrible that many people don’t even want to think of it. Here is a survey that reveals that a large population of Americans dies without planning for even their estate. This means that their property will have no sense of direction in case they pass away unexpectedly. Here are some tips of what happens when people die without writing a will.
The main hint of what happens when people die without writing a will is dependent on where they live. The person will be termed as an intestate. When this happens, their estates are usually left under the custody of a probate court. In case you read more here, you will understand what the law states about the possessions of properties left intestate. You should note that all the laws governing such scenarios vary from one state to the other.
The second tip of what happens when a person dies without writing a will depend on what he or she leaves behind. The size of the possessions left behind will determine the severity of the law. For example, small estates fall in the category of people who died without any property and their total possessions is usually less than $100,000. This is the case to senior people who could have sold all their wealth because of medical issues. A similar scenario is also true to a young citizen who may have not accumulated any wealth. It is essential to note that law is clear that the remaining family members file a declaration claiming this property for use. In case the deceased did not have any heir, the claimant is supposed to support his or her relationship through an affidavit. The entire process of dealing with cases of people who die and leave homes and other assets whose worth exceeds $100,000 becomes complex as explained on this website.
The third aspect to consider when a person dies without leaving behind any written will is considering the survivors. The legal procedures which are applied here will be determined based on whether the person left behind a wife, domestic partner or a number of surviving children. The rule of hierarchy plays a vital role in sub-dividing this property. The spouse is the key person that can be considered to take all the property. Absence of the spouse gives children a high chance of inheriting this property. You can discover more about the relationship hierarchy if you continue following our daily posts on this topic. You may continue reading here and learn more.
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