What Does Distribution of Property at Death of Owner Mean?

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What does Distribution of Property at Death of Owner mean? Read on to discover the definition & meaning of the term Distribution of Property at Death of Owner - to help you better understand the language used in insurance policies.

Distribution of Property at Death of Owner

Distribution of Property at Death of Owner

Distribution of property upon the death of an owner to surviving family members or other possible recipients is determined by the presence of a will or the interpretation of the will by a court of law. In the absence of a will, the people involved will seek the ruling of a court of law.

We hope the you have a better understanding of the meaning of Distribution of Property at Death of Owner.

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