What happens to my assets if I die without a will?

If you die without a will in the state of Florida, the state has laws in place that determine how your assets will be distributed. This process is called "intestate succession." Your assets, including any real estate, bank accounts, investments, and other personal property, will be distributed among your closest relatives in an order of priority specified by law. The closest relative of your spouse will typically be the first to receive assets, followed by other members of the family, such as parents, siblings, children, and then grandchildren. If you have no living relatives, the state will receive all of your assets. If you are married, your spouse will receive the entire estate, except in the case where they share children with a previous spouse. If you are single, without children, your parents will receive the estate, or if they are deceased, then the siblings or other family members. It is important to note that, if you die without a will, your assets may not be distributed the way you would have wanted. Ideally, you will create a will and update it as your circumstances change. This will ensure that your assets are divided as you would like when the time comes.

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What happens to my assets if I die without a will?

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