Intestacy

Intestacy is the condition of having died without a valid will. The person dies without making a will and leaving behind property greater than the total amount of funeral expenses and enforceable debts. The law dealing with intestacy is known as the intestacy law, the law of descent and distribution or intestate succession statutes. It refers to the body of law that determines who is entitled to the property from the estate under the rules of inheritance. In such a case if the dead person has property it will be distributed according to law of descent and distribution. Since there is no executor named in the will, the estate is administered legally by a close relative, spouse or a public administrator. Administrator is chosen by the court having jurisdiction over the decedent’s property, and is normally a person nominated by a majority of the decedent’s heirs. Intestacy law varies from state to state.

Category: Administration, No Will