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What happens to estates when there are no heirs?
When a person dies and has no heirs or next of kin their property "escheats" to the state.
When a person dies no will what happens?
Each state has a section of law known as "intestacy law" which governs how property will be disposed of when a person dies without a will. Normally, it is first distributed among relatives.
What happens if person dies and property is not paid for?
the city/state will sieze the property and do 1 of 2 things... have an auction to obtain the monies owed and/or keep the property and do as they mean fit
What is the tax on property transfer when a person dies called?
Estate tax is levied when a person dies
What happens when a person drowns?
the person dies
What happens to property in Spain if the husband dies?
The wife take it.
What happens if part of the heart dies but the person doesn't?
When the heart dies the person is dead.
What happens to house if owner dies and no next of kin can be found?
The property will become owned by the state in which the property is located. When this happens we say the property "escheats" to the state.
What happens if you die without a will in Ohio?
A person who dies without a will is said to be intestate. Each state has specific laws about how property is divided when the deceased is intestate.
What happens if a relative cosigns for a business loan and he dies?
my mother cosigned for a leased car for my sister. my mom has died. what do we do with the car? will my sister now be responsilbe?
What happens when owner of property dies and wills property to one person and another have lifetime rights?
The person with the life estate has the right to the use and possession of the property for the duration of their natural life. The person who was given the property in the will is the fee owner and will own the property free and clear after the death of the life tenant or when the life tenant releases the life estate in writing.
What happens to Darren shan?
He dies, becomes a little person, and dies again.
