What happens to my estate if I die intestate?

If you die without a will in Florida, you have died "intestate." Florida law outlines what happens to your estate after you die intestate. When you die intestate, your estate is divided according to the Florida Intestate Succession Law. In short, this means that your property will be divided among your closest living relatives. The law begins with your spouse, who will receive all of your property if you have no children. If you have children, the law states that your spouse can receive a portion of your property, with the remainder divided among your children. In some cases, your estate can pass to other relatives if you have no spouse or children, such as your parents, siblings, or other relatives. In some cases, if no living relatives can be identified, your estate could pass to the state. The process for distributing your property can be lengthy and costly, especially when compared to the cost and time it takes to create a will. A properly prepared will provides you with control over how your assets are divided. It also lets you name an executor who will carry out your wishes. Regardless of whether you have a will or not, it is important to know the state laws in case you become incapacitated. Having a will can be beneficial in ensuring that your wishes are respected if you pass away.

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