Beware Intestacy!
With effect from 1 February 2011, the value of a house which a surviving spouse or civil partner may claim from his or her deceased spouse's/partner's intestate estate has been increased from £300,000 to £473,000.
This entitlement forms part of what is known as "prior rights", which also include increased figures for:
the right to receive household furniture up to a value of £29,000; and the right to a cash sum of up to £89,000, or £50,000 where the deceased leaves surviving children. The Succession...
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