What happens to your estate if you do not make a Will?
If you die without making a Will, it is referred to as dying “Intestate” and your Estate is divided in accordance with the Rules of Intestacy.
Many people believe that if there is no Will then their Spouse or Partner will simply inherit everything however this is not the case.
Most importantly, if you and your Partner are not married, or in a Civil Partnership, then they will get nothing from your Estate, no matter how long you have been together for.
Even if you are married or in a Civil Partnership your Spouse will still not automatically get everything, especially if you have children, whether from that relationship or from a previous one.
If you have children, your Spouse will inherit all of your personal belongings together with the first £250,000 of your Estate. They will also be entitled to a life interest in half of everything else; this means they can have the benefit of half of the rest of your Estate, but they cannot have or use the capital. This capital would then pass to your children once your Spouse has died.
Obviously this could cause serious difficulties, especially if your children and your Spouse don’t get along, or if you separated unofficially.
If you are not married, but you do have children, then your Estate would pass directly to your children, which could cause significant problems for your partner.
Your grandchildren and great grandchildren will get nothing from your Estate unless their parents have predeceased you.
If you die without leaving a Spouse or children (or grandchildren) then your Estate will be divided between more remote family members in accordance with a strict order.
The effect of all of this is that your Estate could end up going to people whom you do not even know properly.
Your friends will get nothing from your Estate, and you will not be able to benefit any charities, even those you have been supporting for years. Your personal belongings may not get to the person you want to have them.
If you make a Will, you are in charge. You can set out exactly where you want your Estate to go, you can remember your friends and charities with gifts of money or personal items, you can make sure that your precious mementoes and family keepsakes go to the people who you want to have them, and, most importantly, you can ensure that your spouse or your partner is properly provided for, whether you are married to them or not.
Please call us on 0207 183 0084 or email us on info@olaleslie.com to request further information about our will writing service; we are always happy to assist. We also deal with probate and the administration of estates if you require assistance with administering the estate of a loved one who has passed away.
Ayesha Leslie, Partner
Ola Leslie Solicitors
Copyright
24 comments
We are based in London, with six regional offices around the United Kingdom.
Genuinely appreciated reading this article. It’s extremely articulate and full of helpful details. Thanks for providing this.
We were also recently awarded the Johnstone’s Trade Paints Commercial & Industrial Painter of the
Year.
We are in the business of providing quality decorating
supplies, not selling your information to third parties.
General professionalism is essential when looking for a painter or
decorator.
Good post. I learn something new and challenging on blogs I stumbleupon on a daily basis. It will always be interesting to read through content from other writers and use something from other websites.
I couldn’t agree more with this comment. It reflects a perspective I’ve seen before in various discussions on sunwin, which offers some great insights into this matter.
I truly love your blog.. Pleasant colors & theme. Did you make this web site yourself? Please reply back as I’m hoping to create my own blog and would love to find out where you got this from or exactly what the theme is named. Appreciate it.
Like wind or rain, the appearance of paint spills and
splatters is simply just a matter of time.
Our guide to painting a room will give you all the skills you’ll need for a really professional look.
I like it when individuals get together and share opinions. Great site, keep it up!
Saved as a favorite, I like your web site!
You’ll be involved in designing, planning, maintaining, repairing and building our houses, transport systems, hospitals, factories and shops.
I needed to thank you for this wonderful read!! I certainly enjoyed every little bit of it. I’ve got you bookmarked to check out new things you post…
I have to thank you for the efforts you’ve put in writing this website. I am hoping to check out the same high-grade blog posts by you in the future as well. In truth, your creative writing abilities has inspired me to get my own blog now 😉
If not, we’re happy to suggest styles and colours that can help make your house the home
you’ve always wanted.
So for a free and detailed quotation direct to your email within 1 working day, get
in touch today.
Hi there! This article couldn’t be written any better! Going through this article reminds me of my previous roommate! He constantly kept talking about this. I will forward this post to him. Pretty sure he’ll have a great read. Thank you for sharing!
Ki Young Ju’s Bitcoin price predictions on X use on-chain data, pegging BTC for a
$100K breakout.
Also visit my blog post bitcoins ppt
It is very comforting to see that others are suffering from the same problem as you, wow!
Everything is very open with a really clear explanation of the issues. It was truly informative. Your website is very useful. Many thanks for sharing!
But that doesn’t mean that you cannot prepare for their
flamboyant appearance.
While this playful clip gives you a glimpse of our personality,
the real magic lies in our work.
We’re so thrilled with how the house looks and loved dealing with your incredibly professional team.
Comments are closed.