Understandting Intestacy in North Carolina

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Understanding Intestacy in North Carolina (Part 1)
What Is It? How Does it Affect You?
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Intestacy
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What does intestacy mean?
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INTESTACY is the condition of a person who dies
without leaving behind a last will and testament,
commonly known as a will
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A person who dies without a will leaves behind
an intestate estate
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Intestate Succession
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What happens if you die intestate?
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Your property will be distributed in accordance
with pre-existing state laws, known as laws of
intestate succession
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All states have these laws, though they can
differ significantly
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Inheritances
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How does intestate succession work?
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The property left behind by someone who dies
intestate will be distributed to that persons
closest surviving relatives
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This can include a spouse, children, parents,
siblings, or more distant relatives
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Heirs
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Who will inherit my property?
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That depends on several factors, such as who
survives you after you die and the state in which
you live
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In North Carolina, for example, if you die with
a spouse but no surviving parents, your spouse
inherits all your property
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If you die with a spouse and parents, the
property gets divided between the parents and
your spouse
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LEARN MORE ABOUT INTESTACY IN NORTH CAROLINA
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