You must have a will to distribute your money to whomever you chose, if you do not have one this means that you die intestate and your money will go to the government.
The inheritance would become part of your estate and would pass according to your will or according to the laws of intestacy in your state to your next of kin.
They die
because money is everything without money all would die or go bankrupt funds help it keep up and runing
You are still respnsible for paying should the borrower die.
If you have a Health Savings Account (HSA) and you die, the funds in the account will typically be transferred to your designated beneficiary. The beneficiary can use the funds for qualified medical expenses tax-free.
No, he is still alive with a wife and kids
If you want your wife to inherit your property (as she should) then you must execute a will to that effect and make certain it meets the requirements of the state where you live. If the money is all you have you could make your wife the beneficiary of your bank accounts. That could avoid probate and could be done at the bank. If you do not do any of the above then when you die your property will pass to your next of kin according to the laws of intestacy of your state. Depending on the amount, your wife may inherit it all but the estate would need to be probated. That costs money. You can check your state at the link below.
Nice. You have to define the order of death, even by seconds, either by physical evidence or by assuming from the circumstances. First the spouse inherits, then their kids. e.g.;Car crash, man dies half an hour before, woman takes the money, then woman dies , her kids get the money. Man s kids get nothing, or less. It was a big issue when Kennedy Jr was killed... Cool, no?
The kid is abnormal or may die.
The bank accounts become a part of the estate.
Yes. they fell 3 doors down
His wife and two kids both died of cholera while James bowie was ill with yellow fever.
Then once he and Katherine die Harry will take the throne as King.
If you die without having any relatives, and have not left a will - your estate goes to the treasury.
The government is not going to get their money. They will have to be satisfied that there are no assets in the estate and that no one else got paid.
Nothing exept if you have kids they might watch porn. your wife leaves you and you die alone and quiet as you rot in a hole
Your children will receive survivor benefits if you were to die.