A Time To Die (preparing for your ultimate demise)
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IntestateWhen a person dies without leaving a will they are said to have died intestate. Under the Administration of Estates Act of 1925 (as amended) comes the Law of Intestacy. The law lays down rigid rules on how the estate will be distributed irrespective of wealth. It is wrongly believed that should the deceased have a spouse and died intestate that all the estate would automatically be transferred to the spouse. The Law of Intestacy does show what a surviving spouse would inherit, known as the statutory legacy. Where there deceased has surviving issue (Children) and other relatives this can alter the amount the spouse would inherit. |
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This website is dedicated to Mary Ann Jackson (14th December 1918 to 22 October 2007) The information contained on this website is given in good faith, however if in any doubt consult a solicitor of law. Consult a financial advisor on matters relating to finance. |