What happens if I die? It’s something we don’t want to think about but what does happen. We all assume it automatically passes to our nearest and dearest when we die. Unfortunately that’s not always the case. Without a Will, strict inheritance laws apply. This is known as the Rules of Intestacy.
If someone dies without a Will, they have died ‘Intestate’
The Rules of Intestacy are very precise regarding who can administer your estate, and who will inherit from it and how much they will receive. It cannot be assumed that everything will automatically go to the surviving spouse, partner or immediate next of kin. In a situation of intestacy, a very detailed and thorough understanding of the deceased’s family tree is required. It follows who is the next of kin in a very strict order. At the end of this process if there are no living relatives, the estate goes to the Crown. These rules make no provision for unmarried couples, partners (not civil partners) or people living together. The surviving partner will not necessarily inherit any of belongings or property of the deceased.
Other people who would not benefit from your estate, without having a Will, would be Friends, Step Children, Step Parents, Step, brother and sisters.
To find out more about the rules of intestacy or if you require more information on making a Will, please contact our Wills Department on 0151 735 1000 and speak one of our Liverpool solicitors today.
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