The Intestacy Rules Explained Dying with No will
Unfortunately, over 80% of the population don’t have a will. If you die without a will, this means that your assets will be distributed in accordance with the Intestacy Rules, which set out a series of rules that determine who inherits after someone dies without a will.
Understanding the terminology can be confusing, and as such the two key differences in the probate process is that the person administering an Estate is known as the Administrator ( as opposed to an executor ) while the legal document issued to the Administrator is called a Grant of letters of Administration as opposed to a Grant of probate when there is a will.
You can view the intestacy rules by clicking here »
Most common Intestacy questions :-
Death of a Husband or Wife leaving Surviving Spouse
The first question on the death of a married person is the value of the estate and the nature of the surviving other relatives.
If the estate is valued at under £250,000 surviving spouse inherits entire estate.
If there are surviving children, grandchildren or great grandchildren of the person who died and the estate is valued at more than £250,000, the surviving spouse inherits all personal effects, first £250,000 of the estate, an a life interest in half of the remaining estate.
If the estate is worth more than £450,000, there are no surviving children, grandchildren or great-grandchildren, but there are surviving parents, the partner will inherit all the personal effects, first £450,000 and one-half of the remaining estate.
Father or Mother Die without a will
If there are surviving children, the estate passes in equal share to the surviving children in equal. Any of the children may apply for probate.
The Intestacy rules are unfortunately quite complex, and as such we always recommend that you seek legal help when administer
Unsure as to what happens when there is no will? we can help
Contact us now on 0845 568 4000.
Make A Free Enquiry
Make a free, no obligation enquiry now. Call us on 0845 568 4000 or click here to make a free online enquiry.