Q: What happens if I die without a will or trust in California?

by | Jul 10, 2024 | Estate Planning, Q&A, Trust And Estate Administration |

A: If you die without a will or trust in California, your estate will be distributed according to California’s intestacy laws. This typically means that your assets will be divided among your closest relatives, such as your spouse, children, or parents, depending on who survives you. For example, if you are married with children, your spouse will inherit all community property and a portion of your separate property, with the remainder going to your children. However, if you have no immediate family, your estate could be distributed to more distant relatives or even to the state. Without a will or trust in place, you lose control over who inherits your assets, which can lead to unintended consequences and potential disputes among family members. Having a solid estate plan ensures your wishes are honored and makes the process smoother or more financially advantageous for your loved ones.`