True or False: If you die without a will, the courts will determine how your assets will be distributed based on federal law.

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The statement is false because when a person dies without a will, known as dying "intestate," the distribution of their assets is determined by state law, not federal law. Each state has its own set of intestacy laws that dictate how a deceased person's assets will be allocated among their survivors, such as spouses, children, and other relatives. These regulations can vary significantly from one state to another. This means that the court will follow the specific intestacy rules of the state in which the deceased resided at the time of death, ensuring that the distribution aligns with local laws rather than any federal statutes.