We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Will not updated; partial intestacy?
Comments
-
Yes that's right; my uncle was childless and my dad is the only sibling still here. Their parents are no longer here. The others named in the 50% are my aunt's nieces and nephews, the children of two other aunts (sisters) who have passed away. I imagine at one point the Will was 25% each to my dad, uncle and two aunts. So the aunts who have passed away are no longer in the Will by name, but their children are named beneficiaries within the 50%.0
-
So their are 2 other deceased sisters of the aunt?0
-
Yes that’s right, they’re not named anywhere now but their children are named within the 50%.getmore4less said:So their are 2 other deceased sisters of the aunt?0 -
theoretica said:I believe for intestacy that if a sibling has died their share goes to any surviving children. So in this case if I have the family tree right, the failed bequest would be divided three ways because there is one surviving brother (dad) and two sisters who have died but left descendents (your cousins) and your uncle who died without children. Which is the same proportions as the remaining, non failed bequests.
how did you know there were 2 other sisters not mentioned in this thread until the post above?
for an intestate siblings distribution per stirpes rules apply
The intestate amount get shared between all siblings(living or dead) any dead that have no kids their share lapse and get put back in the pool of those left.
Looks to me you have a lapsed 25% named legacy going to intestate with 4 siblings
one has no kids then split 3 ways 1/3 dad then the 1/3 each deceased sister would have got goes to their kids
(you do not lump the kids together as a single pool its 2 pools with 1/3 each shared by that pool).
the effect is that below the residual clause there is a default intestate clause which is different to the residual clause which lumps all issue of the deceased siblings into a single pool.1 -
Thanks so much. I find this all quite confusing so I appreciate the advice!
I had mentioned in my first post about my cousins being in the 50% but it was a bit of a rant (as they do absolutely nothing to help, it’s only me and my parents who take anything to do with my aunt) so I edited it out. I think it’s still on here though, as a PP had quoted my initial post before I removed this bit.
1 -
I see them now in the quoted post.
Not sure there is anything you can do here to change the distribution.
One thing to make sure is that the aunt is funding everything from her assets you don't want to be subsidising the estate.
If there are insufficient funds then queaky clean records of any loans to fund anything (even a weekly shop).1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.7K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.8K Work, Benefits & Business
- 603.2K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards