Full question:
My husband passed away a week back. He had a daughter from his first marriage who was 5 years old at the time of our marriage. After his death, I realized that he never made a will distributing the property. He had a life insurance in which his daughter is named the sole beneficiary. We bought the house that I reside at present after our marriage. Apart from the house, he has left behind property worth 5 million dollars. How will our property be divided in the state of Ohio?
- Category: Wills and Estates
- Subcategory: Intestacy
- Date:
- State: Ohio
Answer:
In Ohio, when a person dies without a will, their property is distributed according to state intestacy laws (ORC Ann. 2105.06). Here’s how the property will be divided in your case:
1. The house you currently live in will go to you as the surviving spouse.
2. The life insurance payout will go entirely to your stepdaughter, as she is the named beneficiary.
3. For the remaining property worth five million dollars:
- You will receive the first twenty thousand dollars, plus half of the remaining amount.
- Your stepdaughter will receive the other half of the remaining amount.
This means you will inherit $20,000 plus $2.49 million, and your stepdaughter will receive $2.49 million.
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.