How does intestate succession work when there are multiple children?

When a person dies without a will in the state of Florida, their property is distributed in a process called intestate succession. If there are multiple children, the property is split among them. Each child is entitled to an equal share of the estate. If there is one parent still alive, then the surviving parent inherits the entire estate. However, if both parents are deceased then the children will all inherit equal shares of the estate. For example, if there are three children, each child would be entitled to 1/3 of the estate. When children inherit a property, they must also consider any outstanding debts or other liabilities associated with the estate. These debts must be paid before the children can receive their share of the inheritance. If there is not enough money to cover all of the liabilities, the estate will be divided up according to priority, meaning that any debt associated with mortgages and taxes would take precedence over other debts. It is important for multiple children to understand that intestacy does not guarantee an equal distribution of property. Some children may receive more than others based on factors such as the size of the estate and the number of creditors that must be paid. Therefore, it is advisable for the heirs to consult with an attorney with experience in intestate succession law in order to ensure that their inheritance is distributed correctly and fairly.

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How does intestate succession work when there are multiple children?

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