What happens if you die without a will?

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Have you created your will yet? A lot of people want to know what happens if you die without one. In this video, learn what happens if you die without a will.

Summary:
When someone dies without a will, which is known as dying intestate, the state is responsible for deciding all property that will be distributed. In community property states, this means the deceased’s property is given to his or her spouse. Property that is owned in joint tenancy is automatically distributed to the joint owner. Any property held in a trust goes to the trust beneficiaries. Dying without a will also means the probate process will likely take longer and be more complicated.