Individuals who die without a will are subject to their state'sintestacylaws. Intestacy entails probate court processes, time, and professional fees that could be lesser if you die leaving a will and a well-designed estate plan.1A probate court will appoint an administrator to manage the estate...
One of the biggest repercussions of being caught in the act of adultery in Texas is that the offending spouse could get killed on the spot if discovered in the throws of passion by the other spouse.. Texas criminal system has long been leinient when it comes to crimes of pass...
October 9, 2023 · 10min read By knowing what other trademarks are out there, you will understand if there is room for the mark that you want to protect. It is better to find out early, so you can find a mark that will be easier to protect. ...
Your estate will be distributed under the "intestacy rules", often very differently from what you would have wanted.
Common law states: Wills have the first and strongest say over what happens to a deceased spouse's individual assets. In situations where there is no will, or it doesn't cover a specific piece of property, ownership of that property is passed on according to the state's intestacy laws. ...
Since there is no will to dictate how your assets are to be distributed, the local probate court (or surrogate's court, as it's called in some jurisdictions) has to take over the dispersal of your estate. It operates based on the laws or rules of intestacy in your state—that is, th...
What are the general rules on renunciation of inheritance? The revenue regulations clarified that a general renunciation by an heir of his/her share in the inheritance isnot subject to donor's tax unless specificallyand categorically done in favor of identified heir or heirs to the exclusion of ...
A vital part of Estate administration is to obtain a Grant of Probate (or a ‘Grant of Letters of Administration’, where there is no Will), which provides the Executors with the legal authority to deal with the deceased’s Estate according to their Will (or the Intestacy Rules, where no...
If you do not make a Will, then your loved ones will need to decide who is going to take charge of administering your estate when the time comes. It will usually be someone who is entitled to inherit under the Rules of Intestacy, but there is scope for disagreement if you have not sp...
Provisions concerning wills and dying intestate, which is when a person dies without leaving a will, are dealt with in Article II. Article III covers procedural rules for the probate of wills and the administration of the process. The probating of estates by executors residing in states other...