What Happens If Someone Dies Without a Will
Death as well as tax are the only certain things in the world. 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. The property will, therefore, be left without any sense of direction after death. 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. The possessions of such a party is often left under the watch 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 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 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. A similar scenario is also true to a young citizen who may have not accumulated any wealth. It is essential to note that law is clear 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.
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. What is usually used here to subdivide this property is the law of hierarchy. 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. You can discover more here about the law and how it applies to the deceased’s relationship hierarchy. You may continue reading here and learn more.