What happens to your assets if you die without any family/will?
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It’s HEAVILY dependant on local laws. But generally there’s a government law somewhere that specifies the order that people inherit. Often these laws do not work the way that people “think” an inheritance should work. For example, it’s common for everything to go to your eldest child, not be split evenly among your children. Depending on how archaic the laws are, it might even be your eldest male child.
Really the best plan is not to die without a will. Just buy one of those stupid will kits and fill in the blanks, it’s much better than nothing.
It’s HEAVILY dependant on local laws. But generally there’s a government law somewhere that specifies the order that people inherit. Often these laws do not work the way that people “think” an inheritance should work. For example, it’s common for everything to go to your eldest child, not be split evenly among your children. Depending on how archaic the laws are, it might even be your eldest male child.
Really the best plan is not to die without a will. Just buy one of those stupid will kits and fill in the blanks, it’s much better than nothing.
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