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Who
gets what? |
You make a Will
so that YOU decide not just who is to inherit your assets but how
much and at what age. If you have not made a Will then your relatives
will inherit all that you owned whether or not you liked them.
Which relatives
benefit and how much will they get?
That
is laid down by the Law. In general terms, your relatives inherit
in a set order, sometimes to the exclusion of those later in the
list, sometimes, depending on how much you are worth or indeed which
relative they are, they will share your assets with other relatives.
There follows a general guide to the classes of Relatives in order
of priority :-
| 1. The
Deceaseds spouse |
| 2. The
Deceaseds children or their issue |
| 3. The
Deceaseds parents |
| 4. The
Deceaseds brothers and sisters of the whole blood and
the issue of those who have predeceased |
| 5. The
Deceaseds uncles and aunts of the whole blood and the
issue of those who have predeceased |
If no blood
relative of the right class can be found then all your hard-earned
property goes to The State - in effect to the Government -whether
or not you voted at all or whether you voted for an opposing party
to the party in power.
The above list
is not complete. For example, the Law provides for certain relatives
of the half blood (i.e. step-children) to inherit.
Who decides
when no Will has been made?
The
Administrator does this, as well as dealing with your Estate. If
your Relative has died Intestate and you think you could inherit,
or that you could be the Administrator contact us for more information.
N.B. It is
more complicated; costly in time (it could take years to find all
the right relatives); and costly to your Estate (your Beneficiaries
will receive less) if you do not make a Will
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