Intestacy And Your Estate

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Information about Intestacy And Your Estate

Published on March 12, 2014

Author: garrettlawwa


PowerPoint Presentation: Intestacy and Your Estate Basic Concepts PowerPoint Presentation: Spouses PowerPoint Presentation: Community and Separate Property PowerPoint Presentation: Washington is a community property state PowerPoint Presentation: When you die leaving behind spouse, your spouse will receive your half of the property the two of you acquired while you were married PowerPoint Presentation: The separate property you have will be divided between your spouse and your next of kin PowerPoint Presentation: Personal Representatives PowerPoint Presentation: Managing Your Estate PowerPoint Presentation: After you die, someone will have to take control over your property and manage it while determining who is the rightful inheritor PowerPoint Presentation: This person is your personal representative, and will be appointed by the probate court PowerPoint Presentation: Insolvency PowerPoint Presentation: Debts and Assets PowerPoint Presentation: Some estates do not have enough assets to cover the debts left behind PowerPoint Presentation: Your personal representative will have to determine if there are any debts and will have to use estate property to pay them PowerPoint Presentation: If there are more debts than assets, your estate will not have enough property to give out inheritances PowerPoint Presentation: and Other Issues Avoiding Intestacy PowerPoint Presentation: Wills, Trusts, Powers of Attorney, and More PowerPoint Presentation: While you can easily avoid intestacy by creating a last will and testament, a will is not the only estate planning tool you need PowerPoint Presentation: Other devices, such as trusts or powers of attorney, will serve specific purposes that you cannot address through a will PowerPoint Presentation: Learn More About Intestacy in Washington

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