Re: Death with No Will or Next of Kin
doesn't sound like you have a choice. If there are actually no blood relatives, the estate, by law, does es cheat to the state. If your friend wanted something different, he should have made a will.
the 401k etc will go to the named beneficiary(s).
I am not an attorney and any advice is not to be construed as legal advice. You might even want to ignore my advice. Actually, there are plenty of real attorneys that you might want to ignore as well.