Intestacy refers to the legal framework and procedures for distributing a decedent's estate when they pass away without a valid will. The process is determined by state or national laws.
An in-depth exploration of the legal process and mechanisms for distributing a deceased person's estate in the absence of a will, known as intestate succession.
Comprehensive overview of Per Stirpes distribution in estate planning, highlighting its definition, application, examples, and distinctions from Per Capita distribution.
A comprehensive exploration of the term 'settlement' in the contexts of estate distribution, legal negotiations, and real estate transactions.
Testate refers to a person who has made a valid will, detailing how their estate should be distributed after their death. This is in contrast to dying intestate, where the deceased has not left a will.
