What happens if I die without a will?
If you die without a will in the state of Virginia, it is called intestate. This means that the state will decide how to distribute your assets according to state laws. The order of your beneficiaries will likely be your spouse, your children, your grandchildren, your parents, and then siblings. If you have no living relatives, then your estate will go to the State of Virginia. In addition, who is appointed the legal representative of your estate will be determined by Virginia intestate laws. This person will be responsible for paying your debts and distribute your assets. If you have children under the age of 18, then the court will appoint a guardian to take care of them. If you die without a will, your assets may not be distributed according to your wishes. This can result in far more court costs and taxes. It is for this reason that it is important to create a will if you have any assets or dependents. A will is also important for ensuring that your loved ones are taken care of in the event of your death.
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