Tips of What Happens When Someone Dies Without a Will
According to the old-time sayings, death, as well as tax, are the only things that are certain. Irrespective of the fact that people pay taxes every year, they forget to plan for their own deaths. Maybe the major reason for this is the fear that people have over death. If you continue reading here, you will unearth what a field survey has come up with for a large number of Americans who die without even an estate planning. This means that their property will have no sense of direction in case they pass away unexpectedly. Here are some of the hints of what happens to the deceased when they don’t write their will.
What happens to people when they don’t write a will depends on where they live. When such a person dies, he will be termed as an intestate. When this happens, their estates are usually left under the custody of a probate court. It is essential to find out what the law states when the deceased’s properties are left without a will by taking time to read more here. You must, however, take note that laws taking care of such cases varies 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. Possessions which are worth low than $100,000 are categorized as small estates by law. The scenario is true especially to senior people in the society who may have spent their possessions on medical bills. Young people who die before accumulating much wealth also falls in this category. Under this circumstance, remaining members of the family are advised to file a declaration claiming this property for their own use. In case the deceased did not have any heir, the claimant is supposed to support his or her relationship through an affidavit. The process of dealing with cases of people who pass away and leave homes and other assets whose worth exceeds $100,000 becomes complex as explained on this website.
Another hint of what happens when someone passes away without writing a will depends on their survivors. Laws governing such cases will be determined depending on whether the person left behind a wife, domestic partner or a number of surviving children. What is usually used here to subdivide this property is the law of hierarchy. 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 here about the law and how it applies to the deceased’s relationship hierarchy. You may continue reading here and learn more.