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 […]
Intestate Rules
What Happens If You 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”. […]
