Originally Posted by
jobeterob
Apparently the will/trust provides that when Katherine dies, the children inherit her portion.
If thereafter, the children all perish together without wills, each jurisdiction generally has legislation which sets out who inherits; almost all jurisdictions are the same and the scheme usually is:
- your spouse [[including a same sex spouse, except in backward American states)
- your children
- most jurisdictions say a portion goes to your spouse and thereafter, the spouse shares with the children
- grandparents [[this might include Debbie Rowe's or some other mother if there was no legal adoption)
- aunts and uncles [[on both sides)
That would generally be it. But those children will never become adults without wills.
Dieing without a will means more legal fees, more taxes often and delays. It's not a good idea.
Of course, Michael Jackson was selfish; most of these people are because their whole life has been "me me me" with the press chasing them, calling their name, people giving them awards etc. ~ and I'm talking Michael, Whitney, Diana.