Real Estate Law
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If you die without a will, all your assets will go to your daughter. If you named someone other than your daughter as the death beneficiary on any of your investment or deposit accounts, those accounts will go to the person named. Nothing will go to the state or be "lost".
She can't "own" anything until she is age 18. If you die, the court would appoint a guardian to take control of her inheritance. the guardian would charge a fee for this service until she is age 18. You could get a will for about $500 that leaves everything to your daughter in a trust until she is age 18, or age 25 for that matter and appoint a family member as the trustee. It will save money for you to have a will.
If you are married and die without a will, then your estate is slit 50/50 between your child and your spouse. If you marry but keep your premarital assets separate from those of your spouse then you can leave all your premarital assets by will, to your child.
This is Pennsylvania law.