If you die, without having a made a Will or if your Will is invalid, the rules of intestacy apply.
Currently, these rules state, if you are married or in a civil partnership, your spouse or civil partner gets everything unless you have children.
If you have children and your estate is worth over £250,00 your spouse or civil partner will get all of your personal possessions, the first £250,000 and half of anything else with the other half going to your children.
If you die and you are not married, your relatives will inherit in a strict order (your estate is split between all the people in the first category you get to)
- Surviving parents
- Whole blood siblings (or their children)
- Half-blood siblings (or their children)
- Surviving grandparents
- Whole blood aunts and uncles (or their children)
- Half-blood aunts and uncles (or their children)
What happens therefore if you are not married or in a civil partnership living with your partner?
What if you have step or adopted children? Are they included or excluded from this?
What if you are married or in a civil partnership but have children from a previous relationship you wish to protect?
What if you have family members you do not want to inherit?
The only way you can ensure you have your say is to make a Will and ensure it is valid.