Talk:Intestacy
From Wikipedia, the free encyclopedia
 |
This article is within the scope of WikiProject Law, an attempt at providing a comprehensive, standardised, pan-jurisdictional and up-to-date resource for the legal field and the subjects encompassed by it. |
| Start | This article has been rated as Start-Class on the assessment scale. |
| High | This article has been assessed as High-importance on the assessment scale. |
[edit] Administration of an intestate estate (UK)
Editors are invited to cleanup (and maybe rename) Administration of an estate on death. See talk page and also talk:probate. --Concrete Cowboy 18:13, 9 January 2007 (UTC)
[edit] correction needed to inheritance rules in england and wales
According to lengthy discussion on LIS-LAW, whoever wrote this got inheritance tax (IHT) laws, mixed up with the intestacy rules as laid out under Administration of Estates Act 1925, section 46. It doesn't matter what the total value of the estate is. If the intestate dies with a spouse/civil partner and children, the spouse/civil partner gets the first £125,000 (net and free from IHT), and half of the rest of the estate, with the other half going to the children. If there are no children, but other specified relatives (e.g. parents/siblings of the deceased), the spouse/civil partner gets the first £200,000 (net and free from IHT), and half of the rest of the estate. The £275,000 threshold refers to IHT laws only, NOT intestacy. Don't give your money to the government, make a will!!! Lawlibgirl (talk) 11:28, 5 June 2008 (UTC)
