Have no will – Time to get one

Have no will – Time to get one

If  you die in England and Wales without leaving a will it is known as Dying Intestate

Being able to decide where your assets go will will not happen, Not having a will can cause so much heart ache and anger.

You assets will then be distributed within the rules of Intestacy.

See below for our guide. I have taken the info and tried to make it easy for you to understand. You will need to contact us if you have any more questions. Either give us a call or fill in our contact form.

Please see guide below I have pieced together, this was taken from the web and is a guide to the rules of intestacy.

The categories are:

  1. A Married person with children
  2. A Married person with no children
  3. A Married person with no parents, brothers or sisters of the full blood, nephew or nieces
  4. Unmarried person with children
  5. Unmarried person with no children
  6. A Married person with children.

The Spouse gets everything up to £250,000 & the deceased’s personal possessions.
The remainder of the estate is divided into two:-

  • Half to the children at 18 or earlier if a child has married

 

  •  Half in trust during spouse’s lifetime – he or she gets the income.

 

  •  On the surviving spouse’s death this half then goes to the children. If a child dies before his or her parent, and that child has in turn left surviving children, those children will take that share between them.

 

  •  A Married person with no children

If there are parents, brothers or sisters of the whole blood, nephew or nieces:-

  •  The Surviving Spouse gets everything up to £450,000 and the personal possessions.
  •  Anything remaining is divided in half with one half going to the surviving spouse and the other half to the deceased’s parents,If no parent is living then it goes to the deceased’s brothers or sisters or their children

A Married person with no parents, no brothers or sisters of the whole blood, and no nephew or nieces

  • The Surviving Spouse takes the whole estate.

 Unmarried person with children

  • The Deceased’s Estate goes to their children at 18 or earlier marriage. If a child predeceases, leaving children, for example 2 children, they will take a half of that share.

 Unmarried person with no children 

  • The Deceased’s Estate goes to his or her parents.
  • If none, then to brothers and sisters of the whole blood or their children.

 

  •  If none, then to siblings of the half blood or their issue.

 

  •  If none, then to grandparents.

 

  • If none, then to uncles and aunts of the whole blood or their issue.

 

  • If none, then to uncles and aunts of the half blood or their issue.

 

  • The Estate will go to the Crown (effectively the Government) if there are no parents, siblings (whole or half blood), issue of siblings, grandparents, uncles and aunts (whole or half blood), or issue of uncles or aunts.