Interstate Succession.

"NO-WILL"

Interstate succession, also known as intestate succession, refers to the legal process that determines how a person's assets and property will be distributed when they die without a valid will or trust in place. When someone dies intestate, their estate is distributed according to the laws of the jurisdiction in which they resided at the time of their death.

The laws governing interstate succession vary from country to country and even from state to state within a country. These laws typically outline a predetermined order of inheritance, specifying who will receive the deceased person's assets and in what proportion. The specific rules can depend on factors such as marital status, whether the deceased had children, and whether there are surviving parents or siblings.

Typically, a surviving spouse or domestic partner is given a certain portion of the estate, with the remainder being distributed among the deceased's children or other close relatives. If the deceased has no surviving spouse, children, or close relatives, the estate may pass to more distant relatives or, in some cases, to the state itself.

It's important to note that intestacy laws are a default option and may not align with an individual's personal wishes. To ensure that your assets are distributed according to your preferences, it's generally recommended to create a valid will or establish a trust that outlines your desired distribution of property upon your death.