Blood Relatives & Wills

104 112

    Designating Inheritors

    • Wills are written so that you have control over who inherits your estate. In the absence of lineal descendants, from children to grandparents, the estate is passed on to the next of kin. For the purposes of the will, adopted children are considered blood relatives in nearly every state. Spouses of relatives other than the spouse of the deceased are not entitled to inheritances in any state.

    Absence of Will

    • In the absence of a will, blood relatives are awarded the estate of the deceased, if there is no surviving spouse. If the estate is valued at more than $250,000, it is divided among the children and the spouse. If there are no immediate family members, then the estate is passed on to the closest relative.

    Orders of Preference

    • Preference is based on the closest lineal ties to the deceased, such as sisters and brothers. If they are deceased, then it passes to their children or the brothers and sisters of the deceased's parents.

Source...
Subscribe to our newsletter
Sign up here to get the latest news, updates and special offers delivered directly to your inbox.
You can unsubscribe at any time

Leave A Reply

Your email address will not be published.