What is the difference between heirship and intestacy?
Inheritance law in Alaska refers to the legal process of distributing the assets of a deceased person to his or her heirs upon passing away. Generally, inheritance is divided into two categories: heirship and intestacy. Heirship is the process of transferring assets from a deceased individual to a predetermined heir. This is often determined by the decedent’s last will and testament. Heirs are usually family members or close friends, and they must prove their right to the inheritance. This process is usually handled by the court system. Intestacy, on the other hand, is the process of distributing the estate of a deceased person when they do not have a will. This process is typically handled by the court, and Alaska’s intestacy laws can be found in Alaska Statutes, title 13. These laws typically favor the surviving spouse and/or children, but also take into account other potential heirs, such as parents, siblings, nieces, and nephews. In short, heirship refers to the process of awarding assets according to a predetermined heir, while intestacy is the process of awarding assets to heirs according to the law. Both processes require court involvement and are necessary when a decedent passes away without a will. It is important to know the difference between heirship and intestacy in order to ensure assets are distributed correctly and according to the deceased’s wishes.
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