Posted on November 28, 2018
A will contains beneficiaries – i.e. a list of the people who will receive the decedent’s estate. If someone dies without a will then there is no list. In that situation who is going to receive the decedent’s property?
A quick note… Most people think the answer to this question is the state. That’s wrong in almost all cases. Instead there are statutes that provide instructions as to who the beneficiaries of an intestate estate will be.
Here are some highlights of the intestate shares people get:
The way the intestacy statutes work is pretty amazing. In most situations the beneficiaries of an intestate estate would be the same people who would have been beneficiaries if there had been a will. So rest easy – all is not lost if someone dies without a will. Instead the proceeds from the estate will pass to the decedent’s heirs in the manner prescribed by statute and that’s usually not so bad.
Price & Price attorneys have received recognition from various groups and publications. Specific awards are noted on our attorney bios. More information about each of these awards and the methodology used for selection can be found on the following links. Super Lawyers and SJ Magazine 2017 Top Attorneys. No aspect of these accolades has been approved by the Supreme Court of New Jersey.