In a sense, everyone does have an estate plan; state law makes this point a certainty. It simply may not be the plan that you had in mind, or that your family would have preferred. Not having a will means that at your death the distribution of your assets will be dictated by the inheritance laws of the state where you were domiciled when you died.
Source: 7 Major Errors In Estate Planning – Forbes
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Contact an Estate Planning Attorney You Can Trust
Call Barry L. Gardiner, Esq. at (201) 678-1323 or use the form below.