Did you know that 57% of Canadians do not have a will? You may wonder what happens to your estate if you pass away without a will. What will happen depends on the state of the deceased’s family. A person who dies without a legally valid will is considered to have died “intestate”. This does not mean that the estate goes to the government. It will go to someone close to the deceased. However, the deceased will not have any control over who the estate goes to and who will manage the estate.
Who Will Get Your Estate?<