Changes To The Rules Of Intestacy - Limit Increase
Posted on 20th September 2023 at 14:02
There has been a recent change to how much the surviving spouse or civil partner would receive where the deceased died without a Will leaving children from £270,000 to £322,000.
The first £322,000 now would go to the surviving spouse or civil partner and the remainder divided equally between the survivor and the children.
Has there been any changes with regards a common law partner?
Many are under the (incorrect) assumption that an unmarried partner can benefit where someone dies without a Will. This is not the case and some change has been welcomed for some time. However, under the new rules, we can report that common law partners are still not entitled to benefit under the laws of intestacy.
So if you are unmarried or not in a civil partnership and want your partner to benefit from your estate on your death, seek the advice of a professional to have a Will put in place.
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