According to the ancient sayings, death, and tax are the old two things which 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. 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.
The main hint of what happens when people die without writing a will is dependent 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. You should read more here to establish what the law states regarding this kind of property. Laws governing 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 the case to senior people who could have sold all their wealth because of medical issues. 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. 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.
Another hint of what happens when someone passes away without writing a will depends on their 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. 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. 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. It is essential to learn more about this topic if you continue reading here.