If an individual dies without a will in Texas, they are said to die intestate. The state of Texas has a set of default rules, referred to as the rules of intestacy, that describes how assets will be distributed if a will does not state otherwise. However, Texas law requires a dependent probate administration of your parents’ estate, with the court supervising the division of assets and their distribution to the appropriate individuals. In addition, it may be necessary to start an heirship proceeding to determine who the heirs are to your parents’ estate. If you and your sibling are the only rightful heirs according to law, then you two will share the assets of your parents’ estate. Generally, all your parents’ assets will be divided equally between you and your sibling. You and your sibling may be able to decide if you would both like to own the family home, or if one sibling would like to buy out the other sibling for their half of the property. However, you are free to work out the details in any way that you like, as long as you can both agree. If you are unable to agree, the court will make the decision for you. Intestate law can be confusing, therefore, you should contact a Texas attorney to discuss your situation.