If a person dies without having a valid Will, their estate will be distributed to their heirs under California intesate laws. This means that the property you worked hard for during your lifetime may end up in the hands of family members that you did not want. On the other hand, assets held in a living trust will be given to beneficiaries identified in the trust. However, if there are any assets that are not in the name of the trust, they will be distributed according to the terms in a pour-over will or back up will. If there is no will covering these non-trust assets, they, unfortunately, will be distributed according to California intestate succession laws to the decedent’s closest surviving relatives. This article will show you exactly who is entitled to receive an estate under California intestate succession laws.
The post California Intestate Succession appeared first on A People’s Choice.
