The next estate planning myth I want to address is the belief that, if you die without a will in place, the state will get your money. Idaho (as with all states) has a series of laws that control who gets what in the event you die without a will, called the laws of “intestate succession.”These laws govern what happens to your “estate,” the legal term for a part of what you owned when you died. Not everything that you owned becomes a part of your estate. Typically, life insurance proceeds ...
