If you die without a Will the Government has already made a Will for you (the rules of intestacy), but that might not be what you expect:-

(note that the limits used changed as from 1st Feb 2009):-

• All jointly held assets will automatically pass to the survivor (unless a jointly owned house is held as Tenants in Common)
• If you are legally married with children
• Your spouse receives first £250,000 (was £125,000 for deaths before 1st Feb 2009), plus a life interest in half the remainder
• Your children receive the remainder
•  If you are legally married with NO children
• Your spouse receives first £450,000 (was £200,000 for deaths before 1st Feb 2009), plus half the remainder
• Your parents (or their issue) receive the remainder
• If you are not married, then your blood relatives inherit in the following order of priority (while a common-law partner receives nothing)
• Your issue (children, grandchildren etc)
• Your parents
• Your brothers and sisters (whole blood), or their issue
• Your brothers and sisters (half blood), or their issue
• Your grandparents
• Your uncles and aunts (whole blood), or their issue
• Your uncles and aunts (half blood), or their issue
• If you have no surviving relatives, all of your estate passes on your death to the Crown (or Duchy of Lancaster or Duke of Cornwall)

Generally only if someone is financially dependent on you can they challenge these rules in court, with all the expense and worry that is involved.

For more information or to talk things through, simply call us on
0800 90 20 429 or email us here