What happens to your estate if you die without a valid will?
Leaving a will is probably one of the most sensible task to do “before you leave earth”. Your will defines how you would like your assets used after your life. It is just too sad that this task is often overlooked by most people. If a person dies without a valid will, your investments and assets will be frozen until someone is appointed to take charge of your estate based on the Law of Intestacy. You won’t have legal jurisdiction on who handles and how your assets are divided and used. It is imperative that you sit down with a lawyer now so that loved ones are left with “your orders” and live cordially themselves.
April 25th, 2008 in
General