Intestate

intestate distribution
distribution of assets to beneficiaries from the estate of a person who dies without a written will of instructions. This distribution is overseen by a probate court and the appointed executor of the estate.

INTESTATE - The condition of a property owner who dies without leaving a valid will. Title to the prope...
INTESTATE SUCCESSION - A succession of a property to the heirs when a person dies without a will.

Intestate
This means dying without a will, in which case the provincial laws of the province in which the death occurred apply to the manner in which assets will be distributed.

Intestate:
Not having made and left a valid will. The term is also used to refer to a person who dies without leaving a valid will.
Issue (estate): ...

Intestate - When you die without leaving a will and the government decides what will become of our assets and who would look after any orphaned children.
Inventory - A list of assets being held for sale.

INTESTATE
To die without a valid will. The decedent's property passes to his heirs according to the priorities set forth under the laws of descent.
top ...

Intestate
A person who dies without a will is said to have died intestate.

intestate: An estate without a will.
intraday high and low: The highest and lowest prices of a securities traded during a single day.
inventory: A company's products that are ready for sale.

Someone who dies without such a will is intestate. testator Somebody who has a legally valid will. testimony A statement given by a competent witness under oath. Such a statement often serves as a piece of evidence.

Contrasted with intestate. TESTATOR The person making a will. THIRD PARTY An individual other than the insured (First Party) or the insurer (Second Party) who has incurred a loss or is entitled to benefit payments that have resulted form the actions ...

If a person dies intestate, i.e., without a valid will, statutes determine how her property is divided up among her relatives; if no relatives can be found, the property escheats (i.e., goes to the government).

See intestate....(Read more)
Intestate
The situation which exists when a person dies without making a will. The person is then said to have died intestate....(Read more)
Intraday
A term meaning within the day and referring to stock prices.

If you die without making a Will (dying 'intestate'), the law dictates how your estate will be passed on.

To die with a Will. Related: intestate.
Personal Finance Headlines
SEARCH: ...

Administrator. A person appointed by a court to settle the estate of a person who has died without a will (intestate). The term is administratrix if the person is a female. An administrator serves the same function as an executor.

Administrator: An individual or trust appointed by a probate court to handle the estate of a person who died intestate (without leaving a valid will).

A will may also cover other wishes, such as who should take care of your children. You should always enlist professional help when drafting a will. If you die without a will ("intestate"), your assets will be distributed according to provincial law.

Failing natural heirs of an intestate freedman, the master, now patron, succeeded to his property at his death; and he could dispose by will of only half his possessions, the patron receiving the other half.

intestate The legal term for dying without a valid will. investment The purchasing of stocks, bonds, mutual funds, options, real estate, etc., made with the expectation of future income or capital gains.

See also: Testate, Expense, Saving, Life insurance policy, Banks