One of the main reasons people create an estate plan is to avoid intestacy. Unfortunately, most people have no idea what intestacy is, much less know that avoiding it is a good idea. Having a basic understanding of how intestacy can affect you and your family is a great way to understand why creating an estate plan is so important. So, let’s take a closer look at what intestacy is and why it is so important.
Topics covered in this report include:
- The Ability to Choose Your Heirs
- Probate Property and Your Estate
- Intestate Succession
- Intestacy Choices and Your Choices