What Happens to Property at Death?

 
 

Although death is not something that most of us like to think about, the fact is that unless you're willing to face up to this unpleasant thought now, chances are that the people who you wish to receive your property after your passing will end up disappointed. Why? Because if you die without having made out a valid will, the state in which you live, and/or where the property is located, will have an idea about what should be done with it — and this idea may be radically different from what you have in mind.

Actually, there are many reasons why it is advisable for you to have a will, including:

 
 

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