Tuesday, November 16, 2010

What Happens if I die without a Will?

Dying without a will is called dying '"intestate."  Actually, some surveys show that a majority of people die without a will!  What happens is that your estate will go to your immediate family, but state law determines who gets what. In California, if you had no spouse and no children, your estate would go first to your parents, if they survived you, and if not, to your brothers and sisters. Your heirs will also need to open a probate proceeding and petition to be named administrator or personal representative (the person with legal authority to settle the estate).

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Previous Posts

Estate Planning Basics

California Medi-Cal Program to Help with Nursing Home Bills

Pay Close Attention to Beneficiary Designations

Finding a Caregiver

What You Need to Know About Elder Abuse in California

What is a Special Needs Trust?

What Happens if I die without a Will?

When To Distribute Trust Assets After Death

Where Do I File My Living Trust?

How to Get a Loan on Trust Property (Personal Home)

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