What are the differences between testate and intestate succession?
Testate succession occurs when a person dies leaving a valid will, while intestate succession happens when there is no will.
Can you explain what happens in intestate succession?
In intestate succession, the deceased's assets are distributed according to state laws, typically to relatives.
What are the benefits of having a will?
Having a will allows you to specify how your assets should be distributed, choose guardians for minors, and can simplify the probate process.
Are there any downsides to intestate succession?
Yes, intestate succession can lead to disputes among family members, and the distribution may not align with the deceased's wishes.
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