Things that Will Happen When Someone Dies without a Will
According to the old-time sayings, death, as well as tax, are the only things that are certain. Although we pay taxes annually, many people fail to plan for their deaths. Maybe the major reason for this is the fear that people have over death. 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 tips of what happens when people die without writing a 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. 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. You must, however, take note that laws taking care of 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 severity of the law of such a case is depended on the amount of possession left behind. 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. A similar scenario is also true to a young citizen who may have not accumulated any wealth. 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.
The survivors are another determinant of what happens when a person dies without a will. 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. 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. 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.