14.5k views
1 vote
If a property owner dies without a will and with no heirs, the State of Florida has the authority to determine the owner. This is called what?

User Sitam Jana
by
7.4k points

1 Answer

4 votes

Final answer:

If a property owner dies without a will and with no heirs, the State of Florida has the authority to determine the owner. This is called intestacy.

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.

User RollerCosta
by
8.3k points