{"id":1389,"date":"2024-02-08T16:17:43","date_gmt":"2024-02-08T08:17:43","guid":{"rendered":"https:\/\/www.99.co\/singapore\/glossary\/?p=1389"},"modified":"2024-02-08T16:17:43","modified_gmt":"2024-02-08T08:17:43","slug":"descent","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/glossary\/descent\/","title":{"rendered":"Descent"},"content":{"rendered":"\n

Inheritance laws, also known as the rules of descent and distribution, determine how a deceased person’s property is passed on to their heirs after death. The rules of descent establish the order and manner in which estate assets are distributed when someone dies without a will, known as dying intestate. Understanding these laws is crucial for anyone who wants to plan their estate and ensure their assets are distributed as they wish.<\/p>\n\n\n\n

The most basic rule of descent is that property will pass first to the deceased’s surviving spouse and children. If there are surviving children, they will typically split the estate equally among themselves. However, the share inherited by the surviving spouse depends on whether the jurisdiction follows “elective share” or “community property” rules. In an elective share state, the spouse can claim 1\/3 to 1\/2 of the estate, while in a community property state, they are entitled to all community property acquired during the marriage.<\/p>\n\n\n\n

Additional reading: <\/em><\/strong>HDB inheritance rules: How they work (and what you must know)<\/a><\/em><\/p>\n\n\n\n

If there is no surviving spouse, the entire estate goes to any surviving descendants of the deceased per stirpes, meaning children inherit first, then grandchildren if their parent is deceased, and so on down the family line. Adopted children have equal inheritance rights as biological children under descent laws. If the deceased had no living descendants, the estate would go to their parents and siblings in equal shares. More distant relatives like aunts, uncles, nieces, nephews, and cousins inherit only if there are no closer relatives.<\/p>\n\n\n\n

The order of inheritance under descent rules generally goes: spouse, children\/descendants, parents, siblings\/siblings’ descendants, grandparents, aunts\/uncles, then cousins. Half-blood relatives (those who share one common ancestor with the deceased) have equal rights as whole-blood relatives. Step-children typically are not considered heirs under descent laws unless they were legally adopted by the deceased.<\/p>\n\n\n\n

State laws differ on exactly how intestate estates devolve through the family tree. Unmarried partners and close friends cannot inherit under descent rules unless named specifically in a will. Estate property also escheats (reverts) to the state if no family is found to inherit. Understanding intestacy laws allows individuals to properly plan their estate if they wish to override the default rules of descent. With a clear will or trust, one can specify how their assets pass on to their chosen beneficiaries.<\/p>\n","protected":false},"excerpt":{"rendered":"

Inheritance laws, also known as the rules of descent and distribution, determine how a deceased person’s property is passed on to their heirs after death. The rules of descent establish the order and manner in which estate assets are distributed when someone dies without a will, known as dying intestate. Understanding these laws is crucial…<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[93,92],"tags":[222,223,224],"class_list":{"2":"type-post","11":"entry"},"acf":[],"yoast_head":"\nDescent Definition, Understanding and Why Descent is Important?<\/title>\n<meta name=\"description\" content=\"Descent is an important term that helps you understand real estate industry better. 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