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Intestate_Succession_Essay.docx GOV-360 Intestate Succession Essay GOV-360 Intestate s

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Intestate_Succession_Essay.docx  GOV-360  Intestate Succession Essay  GOV-360  Intestate succession takes place when someone passes away and they have not left a will to say where their property will go or who it will go to. Their wealth and possessions are then passed onto their heirs based on how they believed an individual would have left it if there was a will in place (FindLaw, 2018). The purpose of this is to distribute ones wealth and possessions  in the most reasonable way possible. This also keeps everything organized.  Who Will Take from a Decedents Estate?  A surviving spouse will be the first who is entitled to an entire estate if they have children with the decedent, if the decedent does not have children or surviving parents, or if the children and parents did not survive. If both of the parents were to pass on, the next step would be to go to their children. However, if they have no children or if they children have passed on as well, the estate would get passed on to the decedents living parents. If their parents have also passed on, the next step would be to go to the decedents siblings. If they do not have any siblings or their siblings are no longer living, they would then go to their surviving grandparents (FindLaw,  2018).  Factors to Consider Before Distributing Net Estate  Laws will vary from state to state when it comes to how an estate is distributed. The net   estate will be distributed to a surviving spouse, children, parents, and then other relatives. The net estate is what is dis

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Intestate_Succession_Essay.docx GOV-360 Intestate Succession Essay GOV-360 Intestate succession takes place when someone passes away and they have not left a will to say where their property will go or who it will go to. Their wealth and possessions are then passed onto their heirs based on how they believed an individual would have left it if there was a will in place (FindLa...
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