What Happens If Someone Dies Without a Will
Death as well as tax are the only certain things in the world. Irrespective of the fact that people pay taxes every year, they forget to plan for their own deaths. Death is horrible that many people don’t even want to think of it. According to a survey report here, majority of Americans do not plan for even their estate before death. After their deaths, their properties are left without no sense of direction. The following hints reveals what happens to people when they die without writing a will.
The main hint of what happens when people die without writing a will is dependent on where they live. Such a person is often termed to have died intestate. The possessions of such a party is often left under the watch of a probate court. In case you read more here, you will understand what the law states about the possessions of properties left intestate. Laws governing such cases varies from one state to the other.
The next hint that dictates what happens when people die without leaving a will depends on where he or she lived. The size of the possessions left behind will determine the severity of the law. For instance, small estates fall in the category of people who died without any property and their total possessions are usually less than $100,000. This is a practical scenario that happens to senior people who may have sold all their wealth to cater for medical bills. Young people who die before accumulating much wealth also falls in this category. The law requires that the remaining family members file a declaration claiming this property for use. In instances where the deceased left no heir, claimants must support their relationships via 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. The rule of hierarchy plays a vital role in sub-dividing this property. In short, the entire property will be handed over to the spouse. If the spouse is not there, children will take over the property and so forth. It is worth reading to discover more how the law applies in the relationship hierarchy of the deceased person. It is essential to learn more about this topic if you continue reading here.