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In this episode of "Finally Revealed," the host explains intestate succession, which applies when a person dies without a will (intestate). If an individual dies intestate, their pre-arranged property transfers remain valid. For instance, if someone designates a beneficiary for a bank account through a "pay on death" arrangement, that account will transfer directly to the beneficiary upon their death, provided they present a death certificate. This principle also applies to life insurance and retirement plans. Furthermore, certain states allow for real estate to be transferred through a testamentary deed, which is recorded prior to the owner's death, facilitating property transfer after death.