What happens if I die without a will or trust?
If you die without a will or trust—called dying “intestate”—the state decides who gets your property, regardless of your personal wishes. Some assets like your IRAs may pass to named beneficiaries, but usually others involve a lengthy and costly probate court process.
It can lead to delays, unnecessary legal fees and taxes, and disputes among surviving family members. Having an estate plan lets you, not the court, decide what happens.
