Will Writing Services and Advice
Will Advice
Whether you are 18 or 80 married, single, divorced living with a partner, have children or not you will need a will now. Start planning now for the future.
We have attached some vital information about The Rules of Intestacy, it certainly opened our eyes.
To arrange a home visit or a telephone meeting please contact us. We aim to make this easy for you.
The Rules of Intestacy
Why a Will is Absolutely Vital
THIS IS YOUR WEALTH WARNING
What are “The Rules of Intestacy” and what do they mean?
If you are a resident in England and Wales and die without a legally valid Will, your estate becomes subject to the following rules.
If you are Married
1. If your estate is worth less than £250,000 your spouse gets everything
2. If your estate is worth more than £250,000 and a life interest in only half of the remainder – your children get the rest
3. If you do not have any children, your spouse gets the first £450,000 plus half the balance – your parents get the rest
4. If your parents have passed away, your spouse gets the first £450,000 plus half the balance – your brothers and sisters get the rest
Is this what you wish for your surviving spouse?
If you are not married and have a Partner
1. If you have children, they share everything – NOT YOUR PARTNER!
2. If you do not have children, your parents get everything – NOT YOUR PARTNER!
3. If your parents have passed away, your brothers and sisters get everything – NOT YOUR PARTNER!
4. If you do not have brothers and sisters, your uncles and aunts get everything – NOT YOUR PARTNER!
5. If you do not have uncles and aunts, everything goes to the Crown (Government) or the Duchy of Cornwall if you reside in Cornwall – YOUR PARTNER GETS NOTHING!
The Rules of Intestacy do not recognise UNMARRIED PARTNERS and therefore no provision is made for them. IS THIS EXACTLY WHAT YOU WISH FOR?
If you are not married and do not have a Partner
1. If you have children, they share everything
2. If you do not have children, your parents get everything
3. If your parents have passed away, your brothers and sisters get everything
4. If you do not have brothers and sisters, your uncles and aunts get everything
5. If you do not have uncles and aunts, everything goes to the Crown (Government) or the Duchy of Cornwall if you reside in Cornwall
To arrange a home visit or a telephone meeting please contact us. We will help you plan for the future with your will from your local specialists. Wills are referred to a preferred specialist supplier. Wills are not regulated by the Financial Services Authority.
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