Definitions for "INTESTATE SUCCESSION"
Related Terms:
Intestacy, Heir, Heirs, Distributee, Succession, Intestate, Ancillary probate, Residuary beneficiary, In testate, Living trust, Testamentary trust, Intestacy laws, Inter vivos trust, Revocable living trust, Pour-over will, Inter vivos, Remainderman, Decedent, Residuary, Ab trust, Descent, Testamentary, Revocable trust, Residuary estate, Probate estate, Inter-vivos trust, Qualified terminable interest property trust, Ancillary administration, Qtip trust, Bequest, Irrevocable living trust, Irrevocable trust, Testamentary trustee, Bypass trust, Pretermitted heir, Ademption, Marital trust, Legatee, Successor trustee, Pour over will, Power of appointment, Remainder beneficiary, Qprt, Per stirpes, Qualified personal residence trust, Disclaimer trust, Estate plan, Estate planning, Life beneficiary, Escheat
Succession where there is no will or testament.
Distribution of property according to state laws of descent upon the death of an individual who has not left a valid will.
The distribution of property when a person dies without a valid will.
State laws that say who gets a person's property when s/he dies without a Will. Or, what happens if the Will does not say what to do with the property.
The law that governs the passing of a decedents property to the decedent's heirs. The law that identifies which relatives are a decedents "heirs."
A succession of property when the deceased has left no will, or when the will has been revoked.
Transfer of property of a decedent who has not left a will; controlled by statutes.
The disposition of an estate in accordance with the laws of descent and distribution.
Statutory method for distributing the property of those who die without a will (intestate).
The distribution of property to heirs according to the statutes of the state of residency upon the death of a person who owned the property but did not leave a valid will.
The property of a decedent who leaves no will may pass to the decedent's heirs by operation of law through the scheme of intestate succession.
The method by which property is distributed when a person fails to distribute it in a living trust or will. In such cases, the law of each state provides that the property be distributed in certain shares to the closest surviving relatives. The intestate succession laws may also used if an heir is found to be pretermitted (not mentioned or otherwise provided for in a living trust or will). The laws of intestate succession are often referred to as the laws of descent and distribution.
The statutory schedule that determines who shall receive the proceeds of a person's estate when that person dies without a Will.
The transfer of property to the relatives of a decedent who had died without leaving a valid will. In most states, a statute will specify which relatives receive intestate shares and in what amount.
The laws that stipulate who is to take the decedent's property if the decedent dies without a Will or if the decedent's Will does not dispose of all the property.
Way that the deceased's property is shared out if they died without a valid will. RELATED Testate succession (Glossary) Will (Glossary)
The process by which the property of a person who has died without a will passes on to others according to the state's descent and distribution statutes. If someone dies without a will, and the court uses the state's interstate succession laws, an heir who receives some of the deceased's property is an intestate heir.
The method by which property is distributed when a person dies without a valid will. Usually, the property is distributed to the closest surviving relatives.
The method by which property is distributed when a person fails to distribute it by a will or other estate planning device. In such cases, the law of each jurisdiction provides that the property be distributed in certain shares to the closest surviving relatives. In most jurisdictions, these are a surviving spouse, children, parents, siblings, nieces and nephews, in that order.
Process by which property of person who has died without a will or whose will has been revoked is distributed to others. Compare descent and distribution statutes.
The manner in which a person's property will be distributed upon death if the person dies without a valid will.
A succession of a property to the heirs when a person dies without a will.
When a person dies without a will but has heirs, intestate succession occurs.
Joint Tenancy