Creating an estate plan allows you to determine how to allocate assets to your heirs. If you are like most, you distribute the lion’s share among your children or designated individuals, with the understanding that when they pass, any of their assets will pass on to their heirs. Any inheritance they still have from your estate will also go to their designees.
The post What Happens to Your Assets if an Heir Precedes You in Death? appeared first on AmeriEstate Legal Plan, Inc..
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