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August 24, 2010
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Wills & Trusts News

 

What Happens If I Don't Have a Will

If you die without a will (that is, "intestate"), California law will determine the beneficiaries of your estate. Contrary to popular myth, if you die without a will, everything does not automatically go to the state. If you are married, your spouse receives all of your community property. Your spouse will receive part of your separate property, and the rest of your separate property will be distributed to your children or grandchildren, parents, sisters, brothers, nieces, nephews or other close relatives.

If you are not married, your assets will be distributed to your children or grandchildren, if you have any -- or to your parents, sisters, brothers, nieces, nephews or other close relatives. Friends or a favorite charity will receive nothing if you have no relatives and die without a will. In that case, the State of California is the beneficiary of your estate

Contact our New Mexico Wills & Trusts Lawyer Now!

 



  News Room  
 
Mark J. Avery Pleads Guilty To $52 Million Dollar Wire Fraud And Money Laundering Scheme
United States Attorney Nelson P. Cohen announced today, March 6, 2007, that Mark J. Avery (hereafter Avery), former owner of Security Aviation, Inc...
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Create And Discuss Your Living Will
Most of us might never have heard of Terri Schiavo if she had put her medical wishes in writing. The emotional case has many people across the coun...
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NYSUT Member Benefits Trust Agrees to Change Practices
NYSUT Member Benefits Trust Agrees to Change Practices

ALBANY, N.Y. June 13, 2006 - In a settlement announced today betwe...

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Common Terms

 


Today's Terms

Distributed

Definition:
Paid out of an estate.

Devise

Definition:
As used here, "devise" means to give something to someone else in a will when it is used as a verb. When it is used as a noun, "devise" means the gift that a person receives from a decedent in a will.

Jurisdiction

Definition:
This may relate to the territory covered by a court's authority. It may also refer to the scope of authority given to a court by a state's constitution and laws.

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Resource Center

 

 

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Hot Topics

 

  • Creating A Trust
  • Types Of Trusts
  • Modifying A Willl
  • Types Of Wills
  • Disinheriting Family
  • Selecting An Executor
  • Protecting Assests

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New Mexico Wills & Trusts Attorney

 
If you live in the following cities and need a Wills & Trusts Attorney you should contact our Wills & Trusts Attorneys as soon as possible:

  • Alamogordo
  • Albuquerque
  • Anthony
  • Artesia
  • Aztec
  • Belen
  • Carlsbad
  • Clovis
  • Deming
  • Edgewood
  • Espanola
  • Farmington
  • Gallup
  • Hobbs
  • Las Cruces
  • Las Vegas
  • Los Alamos
  • Los Lunas
  • Portales
  • Rio Rancho
  • Roswell
  • Santa Fe
  • Shiprock
  • Silver City
  • Taos
 


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