What Happens When You Die Without a Will?
Having a Last Will and Testament in place can make the process of handling your estate much easier and less expensive for your family after you are gone. If you die without a will, you die “intestate.” The intestacy laws of the state in which the decedent lived will determine who inherits what from the decedent’s estate. If you die without a will, the state law will control how your estate is distributed.
Having a will in place also makes it much easier, faster, and cheaper for your loved ones to tie up the loose ends of your financial affairs after you die. If you die without a will, the court, through a process called probate, has to determine who your heirs are and who are the lawful takers of your estate. But with a will, YOU say who your heirs are, thus making it a much faster process.
Denver, Colorado estate planning attorney Aiden H. Kramer offers will packages that include a will, living will, medical power of attorney, and general durable power of attorney starting at just $800. Contact Aiden Kramer at (720) 379-3425 or Aiden@AidenKramerLaw.com.