What happens in SC if you die without a will? Here’s who gets your property

It’s known as intestate succession, which means you died and didn’t have a will.

The law in South Carolina and other states is clear.

The simplest way to explain what happens is your closest relatives will get the assets that go through Probate Court.

Many assets don’t, though, such as property you’ve transferred to a living trust, life insurance with a named beneficiary, funds in an IRA, 401(k), or other retirement account with a named beneficiary, securities held in a transfer-on-death account, real estate for which you have a transfer on death deed, vehicles for which you have a transfer on death registration, payable-on-death bank accounts, or property you own with someone else.

If you have undesignated property, here’s how it goes:

• Spouse and descendants, spouse inherits half and the rest is split between children. If a child is dead, their descendants get that share
• Children no spouse, they get everything
• Spouse no descendants, spouse get everything
• No spouse or descendants, parents get everything and if parents or descendants are not living, siblings get everything

Probate Court will continue looking for relatives until all are exhausted as in grandparents, aunts, uncles, cousins before sending the proceeds of your estate to the state of South Carolina. This is called escheatment and rarely happens.

“For children to inherit from you under the laws of intestacy, the state of South Carolina must consider them your children, legally,” The law website Nolo states.

Here are some considerations:

• Legally adopted children inherit the same as biological children.
• Biological children born within 10 months of your death will receive a share.
• Foster children and stepchildren will not automatically receive a share.
• Children placed for adoption will not receive a share.