Question

Which of the following best describes a situation of intestacy?

A) Having insufficient medical insurance during a period of illness
B) Dying without heirs
C) Being physically challenged
D) Dying without a valid will
E) Dying without any probate property

Answer 1

Intestacy refers to the situation when a person dies without a valid will. The passing of assets is then controlled by state intestacy laws.

Step-by-step explanation:

If a deceased person dies without having a will and/or trust established, they are said to have died intestate. This means that the courts will control the passing of assets based on state intestacy laws. Every state has its own set of laws stating who gets what and in what hierarchical order; spouse, children, parents, siblings, etc.