Yet another famous person has died without a will (apparently). This is not unusual among the rich and famous, and in general an estimated fifty percent (50%) to fifty-five percent (55%) of people die intestate (without a will). In the event of intestacy, the state provides for a statutory scheme of distribution. Therefore, the lack of a will at death does not necessarily mean the estate will devolve into chaos. However, it is clear that dying without a will or otherwise failing to address all estate planning options prior to death isn’t worth the risk.
- New Insights on Parkinson’s Disease Revealed
- Taking Steps to Protect Your Child’s Inheritance
- Should Children Pitch in for Elder Care?
- All You Need to Know About Long Term Care
- The SECURE Act: How It Will Affect You and the Beneficiaries of Your Retirement Accounts (Elville and Associates’ Letter to Clients)
- Unpacking the SECURE Act of 2020
- Divorce’s Affect on the Aged Population
- The Epidemic of Immobility
- Understand These Before Turning 65
- Bacteria May Cause More Diseases Than You Think