Old Man Smith died owning a property with an estimated value of $500,000. He never married and died without leaving a will. Smith's sister was married and had two children. What will happen to the property upon the death of Mr. Smith?

Respuesta :

Answer:

The property would be given to the next available direct relation of his who happens to be his sister. This is because, most property are shared among siblings. Since Smith's sister is one of his sibling, she is entitled to receive the property.

Explanation:

Because he did not created a will, the property of the deceased estate will be administered by court and decision of appropriation to the likely beneficiaries will be made therein.

Usually, when the estate owner dies without a will, the family or relatives will need to start the process of administration which will be done by a court of law.

In conclusion, since he did not created a will, the property of the deceased estate will be administered by court and decision of appropriation to the likely beneficiaries will be made therein.

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