Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning Counselor ...
Intestacy laws step in immediately when someone dies without clear instructions. These laws, which vary by state, decide who gets what from bank accounts, property, and personal items. It can lead to ...
The neighbor, Joann, was a widow with no children. Joann's will specified that all of her assets would go to Sarah's dad and ...
Probate Initiation: An interested party, often a family member or creditor, petitions the probate court to open an intestate estate. Appointment of Administrator: The court appoints an administrator ...
Top estate planning and probate attorney Karen Kisch, founder of Kisch Law Firm in Houston, TX, explains the challenges ...
Many shrug their shoulders about estate planning. They feel they don’t have an estate because they aren’t wealthy. They also think probate, whatever that is, sounds too complex. An estate consists of ...
In intestacy, the estate is distributed in a fixed order, depending on which relatives are alive at the time of death, writes solicitor Karen Walsh.
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