According to the ancient sayings, death, and tax are the old two things which are certain. Irrespective of the fact that people pay taxes every year, they forget to plan for their own deaths. The fear for death can be a major reason for unpreparedness. 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. The following hints reveals what happens to people when they die without writing a will.
The main hint of what happens when people die without writing a will is dependent on where they live. Such a person is often termed to have died intestate. The state’s probate court will take charge of all the possessions of the deceased in case he or she left no will. You should read more here to establish what the law states regarding this kind of property. You should note that all the laws governing such scenarios vary 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. Possessions which are worth low than $100,000 are categorized as small estates by law. The scenario is true especially to senior people in the society who may have spent their possessions on medical bills. Young people who die before accumulating much wealth also falls in this category. Under this circumstance, remaining members of the family are advised to file a declaration claiming this property for their own use. In instances where the deceased left no heir, claimants must support their relationships via 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. In short, the entire property will be handed over to the spouse. Absence of the spouse gives children a high chance of inheriting this property. 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.