When you pass away without a will, it is considered dying intestate. This means that you do not have any say regarding who receives your assets and property and who should be responsible for your children. When you die without a will in place, it can cause your relatives stress. It may even lead to them fighting over your property.
Without a will, the court system will determine who gets what and who will be responsible for your children. During this time, your assets will go through a legal process called probate. This is a lengthy process to decide who inherits your assets. Typically, your assets will be split between your spouse and children. However, you can save everyone time and grief by leaving a will. If you are single and die without a will, the courts will determine which blood relative should inherit your estate.
By failing to create a last will and testament before you die, you leave your heirs vulnerable. You may have wanted to give more to a certain person and less to another relative; however, Georgia state intestacy laws will prevail if you die without a will.
The best way to ensure which of your family members gets the portion of your estate that you intended them to receive is to establish a last will and testament in Georgia. For help creating a will or a living trust, please call the Law Offices of Shane Smith at (770) 487-8999 to speak with a Peachtree estate-planning attorney today.