What does it mean to die intestate?

Dying intestate refers specifically to the situation where an individual passes away without having created a valid will. When someone dies intestate, their estate is handled according to the laws of intestacy that vary by jurisdiction. These laws dictate how the deceased's assets are distributed among relatives, which typically prioritizes spouses, children, and other close family members.

Understanding the implications of dying intestate is crucial for both individuals and their families. It ensures that individuals understand the importance of estate planning and the necessity of creating a will to express their wishes regarding asset distribution. In situations where there is no will, family disputes may arise, and heirs may not receive assets according to the deceased individual's preferences, but rather by statutory default. This highlights the significance of having a will in place to avoid potential complications after death.