Related Definitions
What is Intestacy?
The condition of dying without a valid will, where state laws determine how the estate is distributed.
The condition of dying without a valid will, resulting in the distribution of the deceased person’s estate according to state intestacy laws. Intestacy laws dictate how assets are allocated among heirs, typically prioritizing spouses, children, and other close relatives. The absence of a will can lead to disputes among potential heirs and may not reflect the decedent’s wishes regarding asset distribution.
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