When someone dies, where does their money go? It’s an important question.
Figuring out where an inheritance goes can be a difficult process, depending on the situation and what kind of instructions the deceased has left relating to their assets. What actually happens depends on the wishes of the person who has passed, tempered by state and local inheritance laws, as well as other rules.
Here are some of the parties that can expect a share of an inheritance when a person passes on:
Spouse
In many...
Published on January 15, 2014 08:00