Laws of Intestacy
If you don’t have a Will, your assets will be distributed by the authorities according to some rules which were put in place over 80 years ago. These are known as the Laws of Intestacy (1925).
Needless to say these don’t bear much relation to modern personal and family situations and they can have an extremely damaging effect – especially in the event of unmarried partners, especially if they have children.
These Laws can also mean that a surviving spouse may have to share a large proportion of the Estate with children rather than having outright use of it themselves.
If you are unmarried with no close relatives the Laws stipulate that that your Estate will pass to the Crown if you don’t have a Will in place.
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