Intestacy Flashcards
Intestacy
A default estate plan developed by the legislature- the decedent’s actual intent is irrelevant
Simultaneous Death
Under USDA, an heir must be proven by clear and convincing evidence to have survived the decedent by 120 hours, otherwise each is treated as though the predeceased the other
Spouse
Legally married partner
Spouse + Shared Descendants
Surviving spouse takes entire estate
Spouse + Parent
Surviving spouse takes $300,000 and 75% of remaining estate
Spouse + Shared Descendants + Spouse’s Kids
Surviving spouse takes $225,000 and 50% of the remaining property
Spouse + Non-Spousal Kids
Surviving spouse takes $150,000 and 50% of the remaining property
Just Spouse
Surviving spouse takes entire estate
No Heirs
Property escheats to the state
Issue
Descendant’s lineal line- must be a parent-child relationship
Adoptive Children
- Treated just like biological
- Stepparent adoption: does not prevent adoptee from inheriting from other genetic parent
Posthumously Born Children
Rebuttable presumption that child is husband’s if born within 280 days of husband’s death (UPA is 300)
Per Stirpes
Divide shares equally starting with first generation who survives or has surviving issue
Per Capita with Representation
Divide property equally at first generation where a member survives the decedent
Per Capita at each Generation
Divide property into equal shares at first generation where there is a surviving member, then pool and distribute equally at each generation