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Texas Intestacy Situations 4 Typical Circumstances

Balboa Park Probate Law > Estate Planning  > Texas Intestacy Situations 4 Typical Circumstances

Texas Intestacy Situations 4 Typical Circumstances

If you die in Texas without leaving behind a valid last will and testimony, all your property goes to owners that are pre-determined under Texas law. These laws, called intestate succession laws, offer your property to those related to you. The only way to change these laws from using to your estate is by developing a valid will and making your options yourself.

Scenario 1: You die without a spouse or kids. In this scenario, your moms and dads acquire your estate. If only one moms and dad survives your death, half goes to the surviving parent and the other half is split in between your brother or sisters. If there are no parents, your siblings divide your whole estate. If no parents or no siblings, your estate goes to your grandparents or their descendants, whoever is the closest relation to you.
Situation 2: You pass away leaving a making it through partner however no children. Your making it through partner is entitled to get all of your personal effects. If you do not have any enduring parents, siblings or descendants of your brother or sisters, your spouse likewise receives all of your real property. Nevertheless, if you have enduring parents, your moms and dads get half your property and your partner the other half. If your moms and dads are dead however you have enduring brother or sisters or descendants of siblings, the brother or sisters take half the property and your making it through spouse the other half. Divorced partners do not take any property.

Situation 3: You die leaving a surviving partner and a number of kids. The method your estate is divided will depend upon if your children are all from your current marriage or if you have children from a previous marriage and also whether you got the property during your marriage or whether it was provided to you as a gift or as part of an inheritance. Ultimately, depending on the dynamics in your family, your partner and your kids might not be prepared for or anticipating the distribution they receive at your death as a result of the laws of intestacy.
Think about what you want to take place to your property when you pass away. Do you wish to make certain that your partner or considerable other is attended to? Do you desire your kids to receive something instantly? Are there specific treasures or legacies you wish to continue to remain with your family or family? These are all factors to consider that can be resolved in a Will or other testamentary file such as a revocable living trust.

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