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. 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. The following hints reveals what happens to people when they die without writing a will.
What happens to people when they don’t write a will depends on where they live. Such a person is often termed to have died intestate. When this happens, their estates are usually left under the custody of a probate court. You should read more here to establish what the law states regarding this kind of property. 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 estate left behind determines the severity of the law over this issue. 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. Similarly, this case may apply to a young citizen who may have not accumulated enough wealth before passing away. 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 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.
Another hint of what happens when someone passes away without writing a will depends on their survivors. In most cases, 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. You may continue reading here and learn more.