If you Die With NO Will?
If you are without a Will, you are certainly not alone - far from it! Only around 15% of the adult population have actually made a Will. An individual who dies without a Will is known as having died "Intestate", and what many people are not aware of is the ancient "Law of Intestacy", that determines where, to whom and in what shares your worldly belongings should go.
Answer:
Your Spouse or Civil Partner will receive:
- ALL of your Personal Possessions
- Just the first £322,000 of your Estate plus interest on that amount from date of death.
- Then 50% only of what's left of your Estate.
Your Children (excludes step-children) inherit:
- the other 50% of your Estate
Answer:
The the surviving Spouse or Civil Partner will receive:
- 100% of your Estate
Answer:
Your Common-Law Partner will receive:
- ZERO - Common Law partners are not recognised under the Laws of Intestacy
Answer:
Your Common-Law Partner will receive:
- Nothing - Common-Law partners are not recognised under the Laws of Intestacy
Your Children (step-children excluded) will receive:
- 100% of your Estate in equal shares if more than one
Answer:
Your Children (Step-Children excluded) will receive:
- 100% of your Estate shared equally between them
Answer:
If you have living Parents, they will inherit:
- Everything, and if more than one in equal shares
Answer:
Your Estate gets shared between:
- Any surviving FULL Siblings, and if no FULL siblings then your HALF Siblings
If no surviving Siblings and NO half Siblings:
- The your surviving Grand Parents inherit everything
If you havew NO surviving Grand Parents:
- Then your Aunties and Uncles inherit equally
If you have neither surviving Aunts or Uncles:
- 100% of your Estate will pass to the CROWN
