Intestate means your loved one died without a will. What happens then? According to your state’s intestacy laws, a probate court will oversee the distribution process of the decedent’s property. Also known as intestate succession, it has similarities to the…
Having a will, which is a legally binding directive stating who will receive your assets upon your death, is an essential part of a comprehensive estate plan. If you die without one (intestate), the state will distribute your assets and…
Probate is the legal process for authenticating a deceased person's will, reviewing their assets, paying their outstanding debts and taxes, and distributing what remains to their inheritors. After an asset-holder dies, the court will appoint a valid will's executor to…