Clicky

Phoenix office: 1850 N. Central Ave., # 1900, Phoenix, Arizona 85004 | Sun City office: 13250 N. Del Webb Blvd. # B Sun City, AZ 85351

Sharon Ravenscroft Estate Planning Blog

Welcome to my blog covering all things estate planning, family estate planning. business planning, wills, trusts & probate.
Font size: +

What happens wh...

What happens when you don't have a Will? If you don't have a beneficiary on your assets, then they go to your heirs. Your heir is your spouse, unless you had kids from outside your marriage, the the kids get your community property interest and half your separate property. If you aren't married your heirs are your children; if no children, then your parents; no living parents then siblings; no living siblings then grandparents, then aunts and uncles, then cousins. Don't want those family members to have your assets? Then, have a Will.

Caution when amending Estate Planning Documents
Estate Tax Exclusion Increased in 2015