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{"id":15508,"date":"2016-02-20T19:41:07","date_gmt":"2016-02-20T19:41:07","guid":{"rendered":"http:\/\/www.seonewswire.net\/2016\/02\/the-10-most-gruesome-estate-planning-mistakes-series-mistake-1-dying-intestate\/"},"modified":"2016-02-20T19:41:07","modified_gmt":"2016-02-20T19:41:07","slug":"the-10-most-gruesome-estate-planning-mistakes-series-mistake-1-dying-intestate","status":"publish","type":"post","link":"http:\/\/www.seonewswire.net\/2016\/02\/the-10-most-gruesome-estate-planning-mistakes-series-mistake-1-dying-intestate\/","title":{"rendered":"The \u201c10 Most Gruesome Estate Planning Mistakes\u201d series. Mistake #1: Dying Intestate"},"content":{"rendered":"

To die intestate means that you died without a valid Will.<\/p>\n

If you die without a Will or some other form of estate planning, the state in which you reside and the IRS will simply make one for you. Of course, they have no interest in avoiding or reducing estate taxes, minimizing estate administration costs or protecting your family and legacy. The distribution of your assets will just be turned over to the Probate Court to be distributed in accordance to the government\u2019s rule book.<\/p>\n

There are Four Ways to Pass Property at Your Death<\/h1>\n
    \n
  1. Joint Property<\/strong>: is a type of ownership of property or asset in which you and another co-owner have a right of survivorship, meaning that when you die, your interest in the property will pass to the surviving owner or owners by operation of law, avoiding probate. Examples of joint property ownership are joint bank accounts and jointly owned real (more…)<\/span><\/a><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    To die intestate means that you died without a valid Will. If you die without a Will or some other form of estate planning, the state in which you reside and the IRS will simply make one for you. Of…<\/span><\/p>\n

    Read more ›<\/a><\/div>\n

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