What will happen if a Californian dies intestate without any debts?

Question

If a person dies intestate (without a will), his estate may be subject
to administration; i.e., a court may intervene to pay any debts and distribute any remaining assets between his next of kin. However, if he dies without any debts, administration may not be required. What is the law in the State of California?

Answer 1

The California probate code prescribes who of the decedent's relatives is to share in his or her property in the absence of a will or trust. The relatives should agree on an individual to act as the administrator and bring the probate petition. Without letters of administration from the probate court, real estate in the decedent's name cannot be transferred, bank and brokerage accounts generally also require letters of administration, unless the decedent specified a beneficiary when opening the account. The person acting as the administrator is entitled to a statutory fee as is the lawyer acting for the estate. If the decedent died with a bunch of cash in his mattress, administration might not be required, provided everyone who is supposed to get a share is happy with the result.

Answer 2

debt consolidation

if someone wants to get out of debt today it is pretty easy with a debt consolidation plan
however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,

a good place to start in my humble opinion is:

http://umgarticles.atspace.com/debt-consolidation.htm

Answer 3

A Californian without any debt? Isn't that illegal?

Answer 4

the state gets it