Where does your money go when you die?

WHERE DOES YOUR MON EY Go when you Die? DO YOU HAVE A WILL? yes no 100 YOU CHOOSE! YOUR PROPERTY WILL BE DIVIDED ACCORDING .............---.......--.. TO YO UR ........- Waitten will DO YOU HAVE A LIVING SPOUSE? yes по DO YOU HAVE ANY DO YOU HAVE ANY LIVING DESCENDANTS? LIVING DESCENDANTS? ARE THEY ALL ON THE SIDE OF no yes YOUR LIVING SPOUSE? по yes yes no 100 100 100 ALL PROPERTY WILL GO TO YOUR 1/2 SEPARATE PROPERTY YOUR PROPERTY WILL GO TO YOUR WILL BE DIVIDED Living SPOVSE EQUALLY ....... .......... AMONGST YOUR LIVING 1/2 SEPARATE • 12 COMMUNITY to your descendants Descendants SPOUSE ........................... ANY LIVING PARENTS? ANY LIVING SIBLINGS? ARE BOTH OF YOUR yes no [OR DESCENDANTS OF SIBLINGS] PARENTS STILL ALIVE? yes по yes no 100 ANY LIVING GRANDPARENTS? [OR DESCENDANTS OF GRANDPARENTS] YOUR SIBLINGS ALL PROPERTY WILL RECIEVE WILL, GO TO YOUR yes no Sursising .........▪................... EQUALL SHAR ES PARE NT ........ ......... ON A PER CAPITA *BASIS 100 100 1/2 OF INHERITENCE EACH PARENT WILL GO TO EACH WILL RECIEVE PATER NAL ONE H ALF and Maternal inheritence ............ .......... SIDE OF GRANDPARENTS ..... ................ ARE YOV S URE? * The Government GETS YOUR PROPERTY * per capita Definition: Taken by total head count or total number of individuals Example: If you have two children and five grandchildren who survive you, then each will receive a 1/7 share sources http://www.nolo.com/legal-encyclopedia/how-estate-settled-if-theres-32442.html http://wills.about.com/od/termsbeginningwithp/g/percapita.htm sponsored by Gorman & Jones, PLC designed by Highrank websites inc. www.gormanjones.com