WHO GETS THE MONEY IF YOU DON'T HAVE A WILL?
| Are you married? | |||
| NO | YES | ||
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| Do you have any children? | Is your estate worth £125,000 or more? | ||
| YES | NO | YES | NO |
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| The children share your estate equally between them. If any children are deceased then their share goes to their children. | All of your estate goes to your spouse. | ||
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| Are either or both of your parents still living? | Do you have any children? | ||
| YES | NO | NO | YES |
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| If both parents are living they share your estate equally between them. A sole parent takes all. | First £125,000 plus personal belongings goes to your spouse in the form of a Trust in which he/she has life interest (i.e. they get the income generated) and the other half of the residue goes straight to your children. On the death of the remaining spouse their half goes straight to your children. Where any children are deceased, their share goes to their children. |
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| Have you brothers, sisters nephews or nieces living? | Do you have any parents, brothers, sisters, nephews or nieces living? | ||
| YES | NO | NO | YES |
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| Your brothers and sisters share equally between them. If any are deceased their share goes to their children. | |
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All your estate goes to your spouse |
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First £200,000 plus personal belongings goes to your spouse. The rest goes to surviving parents otherwise to your brothers and sisters, otherwise to their children. | ||
| Have you any grandparents still living? | |||
| YES | NO | ||
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| Your grandparents share your estate equally between them. A sole grandparent takes all. | |||
| Have you aunts, uncles or cousins living? | |||
| YES | NO | If you want some professional advice regarding Wills and financial planning then please click here. | |
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| Your aunts and uncles share equally between them. If any are deceased their share goes to their children. | |||
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All your estate goes to the Crown |
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