Your Wills Companion

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Your Will’s Companion

Linsky Partner. Lisa A. Explore Our Experience. Dig Deeper. If you have no will and absolutely no surviving blood family or their descendants, your entire estate will go to the Crown. Imagine working for more than 40 years and then giving it all up to the government! A list of unclaimed estates is published weekly and kin can identify their own entitlement from it.

Millions of pounds are currently lying unclaimed by potential heirs in this way. The list is in the public domain and can be searched online, with dates of death going back as far as This is a very complex area and there is no simple answer — but if you die intestate, generally the rules dictate how your estate is distributed.

A more likely scenario concerns disputing wills and their validity. There are only certain categories of people entitled to make a claim, and these include: the husband, wife or civil partner of the person who has died, a partner who lived with the deceased for at least two years before the death or a child of the deceased.

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A person must make that claim within 6 months of the date that probate is granted. Other grounds to contest a will relate to execution of the will how it was signed and dated , or the deceased lacked capacity. This is a complex matter, but in essence, if the estate of a person who has died intestate has already been distributed, the estate will have to be re-administered in accordance with the wishes within the will. This is likely to result in complications and disputes and proper legal advice will need to be sought.

All of these conditions must be met for the will to be valid. The onus to prove its invalidity would be on the person disputing the will, not on the court in which it would be challenged. When a will is found to be invalid, it means, essentially, that there might as well be no will, so the instructions contained within it are voided.

That means that the estate is then treated as if the person died intestate, so the assets will be distributed as per the intestacy rules. If the property is owned solely by person who died, then it will be distributed according to the order of relatives above. However, if the property is jointly owned with a spouse or partner, then there are different ways it may pass to different family members:.

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You own the property jointly and your share of the property automatically passes to the other joint owner on your death. If you die without a will, the property will simply pass to the other owner, regardless of your familial relationship with them. If the other owner then dies, the property will be left according to the will if there is one, or to the relatives according to the intestacy rules if there is no will.

Your Trust and Will’s Companion – WillCrafter

Each person owns a separate half share of the property. Each of you can leave your half of the property to anybody in your will. If you die without a will, your share of the property will pass to the order of relatives as dictated by the rules of intestacy. Importantly, if you own property with a partner that you are not married to, your share will not pass to them if you die without a will.

Anneke Wills

These will be deducted from the estate first, and then whatever is left of the estate will then be shared amongst relatives in the order according to the intestacy rules. This is when someone has accounted for only part of their estate in their will. For example, they may have made a will that dictated who their main house may be left to, but not mentioned their other assets, like money in bank accounts. In this case, the house may be left to the beneficiary according to the will, but any other assets not accounted for in the will should be distributed according to the rules of intestacy.

When a couple has obtained a decree of judicial separation, and one spouse dies without a will, then the surviving spouse does not benefit from the will. For all intents and purposes, a judicially separated spouse will be treated as if they had died on the date of the judicial separation, and the estate will then be distributed according to the rules of intestacy. For the purposes of intestacy, a judicially separated couple is treated like they are divorced or widowed, whereas a conventionally separated couple are treated essentially as if they were still married.

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It depends on the value, size and complexity of the estate, and how immediate the beneficiaries are. When a parent dies intestate and their children are under 18, the assets can be held in trust for them until they become fully entitled to them at age No — while this may seem unfair to many other relatives who may have had a more positive relationship with the person who died intestate, estrangement has no effect on whether a beneficiary inherits under the intestacy rules. You can do this at any time in life; in fact the number of young people especially those with children preparing wills is on the increase.

You can read more about the merger here. Graysons will be pleased to help with your enquiry. Please visit our web pages or contact us directly on Want to read more about these subjects? Click on the links below to jump to each section: What is intestacy? What are the rules of intestacy? Who would receive an inheritance under the rules of intestacy? What does dying intestate actually mean for you?

Who would not receive an inheritance? In what situation will my estate go to the government? Can the intestacy rules be challenged? What happens if a will is later found after the estate has been distributed according to the intestacy rules?