What happens if I die without a trust?

If you die without a trust in West Virginia, the state will determine how your assets are distributed through a process called probate. Probate is a legal process that takes place in the court system. The court will determine who will become the personal representative of your estate and then will have them distribute your assets according to the laws of the state. If you have no will or trust in place, then your assets will be distributed according to the laws of intestacy. In West Virginia, your surviving spouse would receive the first one hundred thousand dollars, plus fifty percent of the remaining balance. The other fifty percent would be divided equally among your children. If you have no surviving spouse or children, then the assets would be distributed equally among your parents, siblings, and other close relatives. It is important to note that any debts you had prior to your death can also be paid out of your estate as part of the probate process. Therefore, creating a trust or will is a better option, as it helps to protect your final wishes.

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What happens if I die without a trust?

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