Asked by Reyna Nava Sanchez on May 17, 2024
Verified
In intestate succession what is the term for the individuals that stand to inherit the decedent's assets?
A) Probate
B) Heirs
C) Incorporation
D) Executors
Intestate Succession
The process by which the property of a deceased person is distributed by law to heirs when that person dies without a valid will.
Heirs
Individuals legally entitled to receive property from a deceased person's estate under state intestacy laws when there is no valid will.
Probate
A legal process through which a deceased person's will is validated, and their assets are distributed according to the will or state law if there's no will.
- Comprehend the legal principles guiding the apportionment of property in the absence of a will.
Verified Answer
Learning Objectives
- Comprehend the legal principles guiding the apportionment of property in the absence of a will.
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