What happens if I die with no Will and I have a daughter?
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What happens if I die with no Will and I have a daughter?
Will she automatically get it all?
Asked on April 3, 2012 under Estate Planning, Florida
Answers:
Steven Fromm / Steven J Fromm & Associates, P.C.
Answered 12 years ago | Contributor
A lot of problems. You need to get an estate plan together that provides for guardianship for your daughter and a trust to protect her inheritance.
Do not try this on your own. Get with an experienced estate planning attorney. For more on the estate planning process please read
| Estate Planning Mistakes: 5 Not So Easy Pieces |
at the following link: http://www.sjfpc.com/estate_planning_drafting_wills_trusts.html
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
If you do not have a Will then yor estate passes via the intestacy statutes in Florida. Under that statute your daughter would inherit everything if you have no spouse. If you have a spouse they will get everything (to a certain degree and if they are the other parent of the child). You should seek help here with a bit of estate planning and possibly setting up a trust. Otherwise the estate could be eaten up in taxes. Good luck.
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