Tips of What Happens When Someone Dies Without a Will
Death as well as tax are the only certain things in the world. Irrespective of the fact that people pay taxes every year, they forget to plan for their own deaths. Death is horrible that many people don’t even want to think of it. 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. The property will, therefore, be left without any sense of direction after death. 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 possessions of such a party is often left under the watch of a probate court. In case you read more here, you will understand what the law states about the possessions of properties left intestate. You should note that all the laws governing such scenarios vary 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 example, small estates fall in the category of people who died without any property and their total possessions is 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. The law requires that the remaining family members file a declaration claiming this property for use. The claimant of the deceased’s possession is supposed to produce an affidavit that states their relationship before they can access the property for use. 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. 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 first person that can be considered is the spouse. Children may also be given the second chance of the spouse is not there. You can discover more about the relationship hierarchy if you continue following our daily posts on this topic. You may continue reading here and learn more.