Intestacy Flashcards

1
Q

Intestacy (England) - Death and distribution of estate following intestacy with children under 18:

A

The children will take 50% of the remaining estate absolutely.

If children are below age of 18, estate is held in trust on their behalf until they reach 18.

Or if they marry before then between 16-18.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Intestacy (England) - Scenario - Spouse with no children

A

​Spouse or Civil Partner are entitled to everything absolutely.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Intestacy (England) - Scenario - Spouse with children

A

Spouse - Personal Chattels + First £270,000 + 50% remaining estate.

Children - Split remaining 50%.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Intestacy (England) - Scenario - No spouse or civil partner

A

​​Any children take the whole value of the estate split equally, absolutely. If no children;

Grandchildren, Parents, Brothers and sisters, Grandparents, Uncles and aunts split equally.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Intestacy (England) - Scenario - No relatives

A

The Crown takes the whole estate.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly