What Is Probate and When Is It Required?
After someone dies, their family may need legal authority before they can manage certain property, money or possessions...
Who Inherits When There Is No Will?
In England and Wales, the law determines who inherits an intestate estate according to family relationships. A surviving spouse or civil partner and children may have inheritance rights depending on the circumstances and value of the estate. Other relatives may inherit where there is no surviving spouse, civil partner or descendant. Importantly, an unmarried partner or friend does not automatically inherit under the intestacy rules in England and Wales simply because they were close to the person who died. This is one reason why putting your wishes into a legally valid will can be an important part of future and estate planning.
“When death approaches one of you and leaves wealth, a bequest should be made fairly.”
Managing the Estate
Without a will, there is no executor appointed by the person who died. In England and Wales, an entitled relative can usually apply to become the administrator of the estate where a grant is required. The administrator may then deal according to the applicable intestacy rules.
After someone dies, their family may need legal authority before they can manage certain property, money or possessions...
Being named as the executor of a will means taking responsibility for dealing with someone's estate after their death. I...
Being chosen as an executor means someone you trust may one day have to understand your financial affairs, locate import...
A will and a letter of wishes can both play an important role in planning what happens after your death, but they serve...