What is interstacy
A person who dies without a valid will is said to have died intestate. The probate court will then distribute the decedent’s property under the intestate succession statutes of the state. These statutes do not take the decedent’s unique personal situation into account, meaning that such a distribution is unlikely to be in total accord with the decedent's wishes.
The intestacy statutes only take family relationships into consideration, while ignoring all other factors such as taxes, administration costs, or estate shrinkage.
The intestacy statutes only take family relationships into consideration, while ignoring all other factors such as taxes, administration costs, or estate shrinkage.
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