How Have Intestacy Rules Changed?
| Published date | 11 July 2023 |
| Law Firm | Thomson Snell & Passmore |
| Author | Kirsty Hancock |
On the 5 July 2023, the government passed The Administration of Estates Act 1925 (Fixed Net Sum) Order 2023. If you die without a will (known as dying intestate), the law states how your estate will be divided amongst your surviving family.
Currently if you die leaving a spouse/civil partner and children, your spouse/civil partner receives a legacy of '270,000 plus the personal chattels. The remaining estate is divided so the spouse/civil partner receives 50% and the children...
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