What happens to an estate if there is no will?

If somebody in Texas dies without leaving a will, their assets will be divided in accordance with the state’s intestate succession laws. This means that the decedent’s estate will be distributed to designated heirs as legislated by the state. Typically, their spouse will be the first person in line to receive the assets, however, if there is no surviving spouse, the assets will be distributed to their children first. If there are no children, the decedent’s parents would be the next in line to receive assets. Sometimes, when there is no surviving heir, such as in cases where there is no surviving spouse, children, or parents, the decedent’s assets will be distributed to their closest living relatives, such as aunts, uncles, cousins, and so forth. Other relatives could also be in line to receive the assets, depending on the extent of the decedent’s family tree. After the estate is distributed amongst the designated heirs, the remaining assets will go to the state of Texas. The estate would typically be allocated to two specific funds administered by the Texas Comptroller’s Office. The first fund, the School Fund, is used to support the state’s public school system, while the other, the General Fund, is for the support of other state programs and services, such as transportation and health care. In Texas, anyone who dies without a will should have their estate managed according to the state’s intestacy laws. This means that their assets will be distributed amongst their designated heirs, with any remaining assets being allocated to the state’s School Fund and General Fund.

Related FAQs

How can I protect my family's inheritance from creditors?
What is an advance health care directive?
How can I find the right probate attorney?
How can I minimize disagreements among family members after my death?
What is an irrevocable trust?
What is a pour-over will and how does it work?
What is a durable power of attorney?
What is a Living Will and how does it work?
What are the estate planning laws in my state?
How do I make sure my digital assets are taken care of after my death?

What happens to an estate if there is no will?

Related FAQs

Related Blog Posts