death without will

What happens if a parent dies without updating his will or trust to reflect the arrival of a new child?

What happens if a parent dies without updating his will or trust to reflect the arrival of a new child?

The only correct short answer is, “It depends.”  First, it depends on the wording of the deceased parent’s will or trust.  Many such documents specifically provide for after-born children, but many others do not.  Second, it depends on applicable law.  Every state has a statute that is intended to protect the interests of...

What would happen to my property if I died without a will?

What would happen to my property if I died without a will?

Many people die without having designated in a will who should take their property, but that does not necessarily mean that their goals are not accomplished. So-called “will-substitutes” sometimes do the work of a will. The most common will-substitutes are...

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