what would happen if someone in my dies and they have no will?....what would happen to there possesions and money?
2006-09-17 22:46:58 · 24 answers · asked by Anonymous in Family & Relationships ➔ Family
It goes into probate which takes about 6 months, during that time the family can agree who should have what. It does not automatically go to the next of kin as per one of the previous answers and it certainly doesnt go to the state, it would only go to the state if there were no living relatives.
2006-09-17 23:10:10 · answer #1 · answered by Annie M 6 · 0⤊ 0⤋
the possessions will be removed...either by the family or the council....the money should be shared equally between family members...you could all share the possessions ebtween you or take it to a charity shop...or even get a car boot sale going and make more money from it....like the old saying goes...you cant take it with you when you die....get the family together and ask their opinions find out who wants what....
2006-09-18 00:39:53 · answer #2 · answered by Anonymous · 0⤊ 0⤋
next of kin but with no will, major inheritance tax will be deducted... and then theres the fact that if theres a lot of money, family members u didnt know existed will come to claim something... Get a will.
2006-09-17 23:40:32 · answer #3 · answered by COLEEN J 2 · 0⤊ 0⤋
If its both parents and they dont have a will made up you would be entitled to the house and whatever else but it would take years to get it and if only one parent dies the other parent would get everything hope that helps and i think its safer if ya do up one
2006-09-17 22:51:11 · answer #4 · answered by Blonde_o2 3 · 0⤊ 0⤋
not 100% , but think that the state would take over. all creditors will be able to state their claimsfirst , before any money is handed over to next of kin, or perhaps unmarried partner , who can try to lay claim.
2006-09-17 22:55:53 · answer #5 · answered by saywot? 5 · 0⤊ 0⤋
Watch the rest of the family come out of the woodwork - especially if there is money involved!!
2006-09-17 22:48:20 · answer #6 · answered by saintee 5 · 0⤊ 0⤋
My understanding is to probate all her assets as quickly as possible. Otherwise no will means anyone can be up for grabs like the government and who ever else.
2006-09-17 23:13:40 · answer #7 · answered by JoJoBa 6 · 0⤊ 0⤋
These are going to the legal heirs of the person, i.e. wife, sons, daughtersetc.m under recognised by a law.
2006-09-17 22:52:36 · answer #8 · answered by Somi 3 · 0⤊ 0⤋
I will probably be proved wrong but i thing it gos to the children/ wife/ husband first, it no children or partner then to the state.
2006-09-17 22:52:17 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Their money is shared within the family...you need to be more specific so I can tell you details!
2006-09-17 22:50:23 · answer #10 · answered by Anonymous · 0⤊ 0⤋