Tips of What Happens When 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. 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.
The main hint of what happens when people die without writing a will is dependent 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 place the deceased person lived will determine what happens to their possessions. 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. 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. 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. 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 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. It is essential to learn more about this topic if you continue reading here.