|
12/2/2021 0 Comments February 12th, 2021𝗪𝗵𝗮𝘁 𝗵𝗮𝗽𝗽𝗲𝗻𝘀 𝗶𝗳 𝗜 𝗱𝗶𝗲 𝘄𝗶𝘁𝗵𝗼𝘂𝘁 𝗮 𝘄𝗶𝗹𝗹?  If you die without a valid will, it will become what is called intestate. That generally means that your estate will be liquidated based on the laws in your state that describe who inherits what. Succession is the legal process of transferring property from a deceased person to rightful heirs.
Since no executor was appointed, a judge appoints an administrator to act in that capacity. An administrator will also be appointed if a will is found to be invalid. All wills must meet certain standards, such as witnessing, to be legally valid. Again, the requirements vary from state to state. A trustee is most likely a stranger to you and your family and will be subject to the letter of your state's probate laws. As such, a trustee can make decisions that would not necessarily be in accordance with your wishes or those of you.
0 Comments
Leave a Reply. |
AuthorYoel “Mo” Molina, I am a lifelong resident of Miami, Fl. I am a graduate of Miami Senior High, Class of 1992, Georgia Institute of Technology, B.S. 1997 and University of Maine School of Law, J.D. 2001. I have been practicing law in Miami Since 2001. I am a former training prosecutor in the Miami-Dade State Attorney’s Office. I have experience in jury trials, appeals, and administrative hearings. I have appeared before judges across the State. My experience ranges from civil litigation matters, collection matters, foreclosure, business and corporate, contracts, real estate, leases and employment matters.. Archives
May 2022
Categories |
RSS Feed