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Division of assets

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Country: United States of America
State: California

My father is dying of cancer and refuses to draft a will. All his assets will go into intestate territory when he dies. We just discovered that he has another daughter about two years ago. She is the oldest; I am the youngest and have been more involved with my father. Who is first in line for intestate succession? Or are we both equally considered his legal next of kin? I want to make certain his affairs are looked after properly. My sister does not know enough about him to accomplish this task.

Answer

His kids will all normally share equally from the estate including his other daughter.


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Most states have a provision that a court can determine an equitable division of assets," says Harl.
Issues such as child support, spousal maintenance, and division of assets can be stressful and financially ruinous.
The Local Agency Formation Commission worked under a tight deadline to study the financial issues and help the city and secessionists negotiate terms of the divorce, such as division of assets and ``alimony.
 
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