Science0 min ago
Wills
My wife has not made a will. If she dies do I as her husband have her estate passed to me or will her family have some share in the estate.We both own our property jointly and have some investments each not shared.She will soon make a will .
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For more on marking an answer as the "Best Answer", please visit our FAQ.If she dies without a will the laws of "intestacy" apply. Without getting too bogged down, this is what would basically happen (if you live in England):
If there are no children, grandchildren, or great-grandchildren then you inherit her entire estate. If there are children, you receive her personal possessions and the first £270,000 plus half of everything over that amount. The children receive the other half of that amount.
If she has made a will her estate is distributed according to that will. What happens to your joint property depends whether you are joint tenants or tenants-in-common. If you are joint tenants the entire property reverts to you (regardless of whether or not there is a will). If you are tenants-in-common you each own a discrete share of the property. Her share will be dealt with either under the rules of intestacy or in accordance with her will.
If there are no children, grandchildren, or great-grandchildren then you inherit her entire estate. If there are children, you receive her personal possessions and the first £270,000 plus half of everything over that amount. The children receive the other half of that amount.
If she has made a will her estate is distributed according to that will. What happens to your joint property depends whether you are joint tenants or tenants-in-common. If you are joint tenants the entire property reverts to you (regardless of whether or not there is a will). If you are tenants-in-common you each own a discrete share of the property. Her share will be dealt with either under the rules of intestacy or in accordance with her will.