Wednesday, June 19, 2013

Intestacy

It sounds like part of the body...intestines or like some sort of illness but it might even be worse than an infection.

Do you know what the word means?

INTESTACY is my word for Wednesday.

If you think you know, take a guess...

Then scroll down to see if you were "write" or wrong.

Have no idea, guess any way. What will it hurt and no one needs to know.

Now scroll down. . . for the answer. . .


Further. . . .



FURTHER. . . .

The word might remind you of dying and death...maybe that's why you don't know what it means. I mean, after all, who wants to focus on the hereafter rather than the here and now?

Well, you might want to think twice about that, if you have anything you want to pass down to someone.

Intestacy is the condition of the estate of a person who dies owning property greater than the sum of their enforceable debts and funeral expenses without having made a valid will or other binding declaration. Alternatively this may also apply where a will or declaration has been made, but only applies to part of the estate, the remaining estate forms the "Intestate Estate."

Intestacy law, also referred to as "the law of descent and distribution" or "intestate succession statutes", refers to the body of law that determines who is entitled to the property from the estate under the rules of inheritance.

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