What Happens If You Die Without A Will?

If you die without a valid will in place, your property will pass through what is referred to as "intestate succession." The purpose of intestate succession is to distribute your wealth in a way that closely reflects how the average person would typically design their estate plan. Unfortunately, this may differ drastically from your actual wishes.

The intestate succession laws or statutes may be different for every state. In Nevada, only assets that would typically pass through a will are subject to the state's intestate succession laws. This usually includes assets that you have sole ownership over.

How Are Intestate Assets Distributed?

Under Nevada's intestate succession laws, who gets what is dependent upon what close relatives are still living at the time of your death. This includes your spouse, children, parents and other close relatives.

Since Nevada is a community property state, your living spouse will inherit any shared property and a portion of your separate property (the portion will vary based on the amount of surviving family members).

Many issues may arise when a person dies without a valid will. Do yourself a favor and avoid the stress of "what if" by taking a few necessary steps to document your wishes and protect your estate. Robert L. Bolick is compassionate, accomplished estate planning attorney with over 30 years of experience helping individuals and families carefully plan for the future. He provides customized estate planning services to meet your individual needs and the needs of your family. He represents clients in Las Vegas and throughout Nevada and Utah.

Learn More About Nevada's Intestate Laws

Are you afraid of what might happen if you or a loved one dies without a will? Schedule a free consultation today with an experienced estate planning lawyer. Contact Robert L. Bolick, Ltd. online or call our office at 702-690-9090.