If my wife and myself were to die together without a Will and no children, since my dying mother-in-law would be our only beneficiary but she then died, would her beneficiaries get our assets?
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If my wife and myself were to die together without a Will and no children, since my dying mother-in-law would be our only beneficiary but she then died, would her beneficiaries get our assets?
Her beneficiaries being those listed in her Will.
Asked on January 27, 2013 under Estate Planning, Illinois
Answers:
M.D., Member, California and New York Bar / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
Yes, they would inherit your assets. You mother-in-law would inherit first, and then upon her death, her estate (which would then include your assets), would pass to her benenficiaries/heirs. If you want to ensure just who inherits your estate, then you should consider executing a Will. For a simple Will you can buy one on-line and, for a small fee, have an attorney review it for you.
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