Intestate Rules

What Happens If You Die Without an Estate Plan?

Die Without an Estate Plan

Everybody has an estate plan. Even if you don’t think you have an estate plan, that is a plan in and of itself. And if you die without a will in the State of North Carolina, a statutory scheme has been developed for you to divide up your assets in a way that you may or may not approve of. When this happens, you are said to have died “intestate” or “without a will”. Before we get into the details of how your property would be divided if you died without a will in place, a bit of background is […]

What Happens If You Die Without a Will?

die without a will

Understanding what would happen if you die without a will in North Carolina, or any state for that matter, is something that everyone should understand, but many people don’t. What I want to do here today is explain exactly what happens in North Carolina if you die without a will in place, and then underscore some of the main problem areas that can arise as a result. Have You Protected Your Kids from This Huge Hidden Danger? What Does It Mean if You Die Without a Will? If you die without a will, you are said to have died “intestate”. […]