A 2007 study by Harris Interactive found that 55% of all Americans die without a will. In legal parlance, dying without a will is known as dying ‘intestate.’ So who gets your stuff if you die intestate in Virginia?
Rumor has it that the state automatically takes all of your assets if you die without a will. This can happen, but rarely does. In the commonwealth of Virginia, your assets go to your next of kin. (This assumes that you actually leave behind an estate worth something after all your debts, taxes and final expenses are paid.) Only if there …Read More