where does your money go? to your family? the state? the government?
2006-09-11 16:00:31 · 5 answers · asked by ieatallot 1 in Business & Finance ➔ Personal Finance
Goes to the beneficiary, the estate, or probate or as directed in your will. A will is very important overall, but if you've designated a beneficiary with your mutual funds, the assets should go there.
As for the other items, if it's not in a will, you take a big risk. Depending on state, it could go to probate and who knows where the money'll go. Better to take an hour, and just knock out a cookie cutter will to at least have something for people to go on!
2006-09-12 09:03:54 · answer #1 · answered by Yada Yada Yada 7 · 1⤊ 0⤋
It goes to either your husband or your children leave a will if you don't have a will & you if you owe the state then they will take your stuff then it will go to probate and your family will have to fight for it
2006-09-11 16:13:38 · answer #2 · answered by sugarbdp1 6 · 0⤊ 0⤋
make a will - or it will go into what they call probate - and then yes the state could end up with it.
2006-09-11 16:07:16 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Goes to the next of kin or whoever you name in your will.
2006-09-11 16:05:44 · answer #4 · answered by Pluck That Chicken 2 · 0⤊ 0⤋
goes to your beneficiary ..
2006-09-11 16:41:14 · answer #5 · answered by trademefx 3 · 0⤊ 0⤋