Financial Remedy Proceedings Remitted to High Court
The Court of Appeal has set aside a financial remedy order in a divorce between a wealthy couple, finding that it was necessary for the case to be reheard. ...
Continue readingA change to intestacy law recently announced by the government has increased the sum of money that spouses and civil partners of people who die without having made a will are entitled to receive.
The change has been introduced via a statutory instrument – the Administration of Estates Act 1925 (Fixed Net Sum) Order 2020 – which came into force on 6 February. It means that the statutory legacy entitlement for a surviving spouse or civil partner has risen from £250,000 to £270,000.
It is important to remember that, under current intestacy laws, there is no provision for unmarried partners, or partners who are not in a civil partnership to inherit. Writing a will is essential to ensure your estate is handled in the way you desire.