The Art of Mastering
3 months ago adminx Comments Off on The Art of Mastering
Tips of What Happens When Someone Dies Without a Will
Death as well as tax are the only certain things in the world. 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. After their deaths, their properties are left without no sense of direction. 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. The person will be termed as an intestate. The state’s probate court will take charge of all the possessions of the deceased in case he or she left no will. 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 place the deceased person lived will determine what happens to their possessions. The size of the estate left behind determines the severity of the law over this issue. 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. Similarly, this case may apply to a young citizen who may have not accumulated enough wealth before passing away. 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. This website explains the process of dealing with cases of people who pass away and leave homes and other assets whose worth exceeds $100,000 becomes complex.
The survivors are another determinant of what happens when a person dies without a will. 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 law will use a relationship hierarchy to sub-divide the possessions. The first person that can be considered is the spouse. Children may also be given the second chance of the spouse is not there. 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.