What Happens If You Die Without a Will in New York?
If you die without a Will, known as dying ‘intestate’, the New York Estates Powers and Trusts Law provides a process which allows your assets to pass to your closest relatives.
This ‘default’ plan for inheritance of your estate may not be consistent with your desires regarding the disposition of your assets or the handling of your family affairs. To discuss drafting a Will that is best for your family and your wishes, contact a qualified Wills, Trusts and Estate Planning attorney.
A Surviving Spouse Spouse Inherits Everything
A Surviving Spouse and children Spouse inherits first $50k and I2 of the balance of your estate Your children get the other 12
Children but no Surviving Spouse Children Inherit Everything
Parents but no Spouse or Children Parents Inherit Everything
Siblings but no Spouse Children or Parents Siblings Inherit Everything
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