How should I distribute my assets if I don't have a will?

If you don’t have a will in Texas, the state will distribute your assets for you in accordance with the laws of intestate succession. These laws determine who inherits your estate if you die without a will. In general, your assets will go to your closest surviving relatives such as your spouse, children, or parents. The order of inheritance is as follows: 1. Your surviving spouse 2. Your children 3. Your parents 4. Your siblings 5. Your half-siblings 6. Your grandparents 7. Your aunts, uncles, and their children If none of the above are living, the assets will pass to the government. If you’re married, your spouse will usually get at least one third of the estate, and your children will receive the remainder. If you’re not married, your children will typically receive all of the estate. Even if you don’t have a will, you can still make sure that your assets are distributed the way you want. You can use a living trust, a payable-on-death bank account, or a transfer-on-death security registration to distribute your assets when you die. Additionally, life insurance policies can be used to provide money for dependents in the event of your death. It’s important to talk to an estate planning attorney to make sure your assets are distributed according to your wishes after death. An attorney can advise you on the best way to distribute your assets and make sure your wishes are carried out.

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How should I distribute my assets if I don't have a will?

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