Understands intestate's implications on asset distribution after death. Dying intestate means your wealth goes to relatives as the law decides.
Pro Tip 2/3
State Laws Vary
Each state has different laws that determine who inherits when someone dies intestate. In Texas, intestate succession differs greatly from California's rules.
Pro Tip 3/3
Unexpected Heirs
Without a will, distant relatives could inherit as a result of being intestate. He was surprised to learn he inherited from an intestate relative in another state.