The court will appoint a personal representative for the estate, and your assets will pass by intestate succession.
You may nominate your personal representative in your will. Upon application by the nominee, the court will appoint them if they are qualified. Please see us for an appointment to discuss the qualifications of the personal representative.
If you prepare an estate plan, you can create trust, wherein you name a trustee who will manage the children’s money. You can determine when and under what circumstances it will be paid to them or for their benefit. Please make an appointment to discuss with us the qualifications of a trustee.