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If you die without a valid will and testament in Nevada, your estate is subject to the state's inheritance laws or intestate succession laws, though there are some exceptions mainly, assets for which you've already named a beneficiary will be exempt from intestate laws.
In Nevada, where a person passes away, the Executor of the Estate in the Will is expected to immediately file for a Letters Testamentary. The premise behind doing this is to officialize their legal standing as Executor of the Estate and all that comes along with it.
Letters Testamentary are issued when the decedent had a will, and Letters of Administration are issued when there was no will. Some financial institutions might request to see a certified copy of the Letters. You can get certified copies from the court clerk's office at the Regional Justice Center.
In Nevada, your spouse would get everything if you have no children. If you have children, but you don't have a spouse, your children would get everything. If you have both a spouse and children, your spouse would inherit all of the community property, and your spouse and children would share your separate property.
The Executors that are named in their Will can ensure that everything goes to the beneficiaries specified. However, if there is no Will, or if something is wrong with it, the process will not be as simple. In this case, you will need to apply for Letters of Administration in order to deal with the estate.