When one has died intestate (without a will), the assets of the decedent will be distributed among the legal heirs. The preference, shares, and portions will be determined by the laws of the state.
In California, the laws of intestate succession are pretty straightforward. For instance, the assets would be divided among the decedent’s spouse and children, and their proportional shares would depend on the number of children.
If the decedent has no children, the assets will go to the surviving spouse. Without a spouse or child, the assets will go to the parents. If the parents are no longer around, the assets will go to the surviving siblings.
If the decedent has no legal heirs, the assets will be absorbed by the state (escheat).
If you have more questions about Wills, Trusts, or estate planning in general, call Anthoor Law Group at 510-794-2887 to book a consultation.
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