Image for intestacy laws

intestacy laws

Intestacy laws govern the distribution of a person's assets when they pass away without a valid will. These laws vary by jurisdiction but generally prioritize certain relatives, such as spouses and children, to inherit the deceased’s property. If no eligible heirs exist, the estate may eventually go to the state. Intestacy laws ensure a structured method for asset distribution, preventing disputes and providing clarity on inheritance rights. It’s important for individuals to understand these laws, as they can significantly impact how their estate is handled after death if a will is not in place.