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<p>[QUOTE=&quot;hontonai, post: 1534494, member: 4703&quot;]Where on earth did you get that misinformation?&nbsp; The standard intestacy pattern starts with spouses but extends to nieces, nephews and cousins, even remote ones.&nbsp; All relatives of the closest surviving degree share equally.</p><p><br /></p><p>Another mis-statement of the law.&nbsp; If the value of an estate hits the minimum, federal estate taxes are due regardless of whether there is a will or not.&nbsp; Often with a will an estate can be structured in a manner that results in less tax than would apply without a will.&nbsp; And don&#039;t forget, some states have inheritance taxes, which also kick in regardless of whether there is a will or not.&nbsp; Of course, frequently an estate can be structured with a living trust in a manner that save not only taxes, but significant probate expense.</p><p><br /></p><p>Bottom line, anyone with assets or minor children absolutely needs to have a qualified attorney set up an estate plan that fits that person&#039;s circumstances.&nbsp; Dying intestate generally results in the biggest &quot;hit&quot; to the financial interest of the heirs, and frequently gives the biggest benefits to the least-liked relatives.[/QUOTE]</p><p><br /></p>

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