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Showing posts with the label who gets my money by default?

I am single and don't have kids. If I haven't named any beneficiaries and I die, who gets my money by default?

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  Jan Meriss Alfonso Assistant at  Parklin Law Who is the beneficiary if you die single and without kids? There's nothing like the holiday season to remind you how important it is to think ahead and make thoughtful decisions about how we want to leave the world. It makes us think about our end-of-life wishes, including who should be the beneficiary of our estates in case something happens to us before we get around to making a will. What would happen if we die single and without children In light of that, many of us are wondering what would happen if we die single and without children. So here's some information about who gets what if you die without a will or trust. If you're single, your estate passes under the laws of intestacy. If you have any siblings (brothers or sisters) who are still alive, they'll inherit everything. If your parents are still alive, they'll inherit everything after your siblings pass away. If your grandparents are still alive, they'll i...