What happens to your bank account if you die without …

If you die without a will, your estate will be distributed according to state law. If you have children, they will receive an inheritance up to a certain amount. Otherwise, your estate will go to the state and be distributed by the county probate court.

Determining what happens to your assets at the time of your death and no will, can be complicated and confusing, even if you are married. Make a Will while you’re still alive and kicking, so that you can protect your loved ones should the worst-case scenario come true and eventfully happen to you.

What Is a Will?

A will is a legal document that states your wishes for your estate after you die. It is a legal document that can be written by you or with the help of someone else. A will can also be called as an estate plan, last will and testament, or last testament. It often pertains to financial assets. But you can also name someone to be in charge of your children or even a caretaker for your pet, which is convenient because pets don’t have many rights.

While death is a natural part of life, people tend to be less understanding when faced with such an emotional loss. However, since it’s inevitable, you’ll want to plan ahead for the inevitable by writing out a will and other important financial documents.