Law & Legal & Attorney Wills & trusts

What Happens If I Don"t Have a Will?

After you die, your property, assets, and estate will be distributed according to the terms you have set in your will.
Whatever the choices and decisions you have made and stated in your will, then those will be followed by the court of law.
Basically, you have the freedom to give other people rights over your property.
However, if you don't have a will, then the court will be responsible for the distribution of your property and to whom they will be given.
It is important that you decide who will be the person responsible for taking charge over your affairs after your death.
He/she will be given authority to preserve and distribute your assets over the terms stated in your will.
If you don't have a will, however, the court of law will be responsible for choosing a person to handle your affairs, called the Administrator of your will.
The downside is, the person chosen by the court might not be the person you would prefer.
A lot of the time the decision over who will be appointed has been a source of conflict between family members who are left to deal with the matter after your death.
There is a way for a conflict such as this to be avoided.
You have the right to appoint who will administer over your will yourself.
He/she shall be called the Executor of the will, differently named from the Administrator to emphasize that the former is directly chosen by you.
Whoever shall be named Executor in your will shall have complete liberty to act upon the terms of your will according exactly to your wishes.

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