| Industry News |
|
| News » Wills » Inheritance rights shake-up proposed |
|
29/10/2009 Inheritance rights shake-up proposed |
|
The Law Commission has proposed a shake-up of the inheritance system, which would see certain automatic rights being applied to cohabiting couples. At present only married couples enjoy automatic rights of half the estate of the deceased going to the surviving partner, but the Intestacy and Family Provision Claims on Death report argues that this should be extended to cohabitees. This will apply where couples have lived together for five years or have had a child, giving them the same rules as married couples and civil partners. It argues that this should happen because cohabitation is becoming an "an accepted family form" and noted that four-fifths of couples living together this way have not made a will. Such inheritance rules, however, may not cover all the details of how somebody may wish for their estate to be divided after they die and for this people may wish to see a lawyer skilled in will drafting whether they are married or not. Earlier this week, consumer website Unbiased.co.uk revealed that 65 per cent of UK couples with children aged under 18 have not made wills. Written by Pauline Adams
 |
| |
| Related Articles |
11/01/2010
Charity in wills bid Childrens' charity Barnados has offered to write people's wills for them for free - provided they are aged over 55 and will make a donation to the organisation.
|
07/01/2010
Will survey shows quarter plan charitable giving Nearly a quarter of people intend to leave some money to charity in a will, a new study has found.
|
29/12/2009
Ex-pats 'must sort out wills before moving abroad' People leaving the UK to live overseas must ensure their wills are set up to meet legal requirements in both Britain and their new country of residence, it has been stated.
|
22/12/2009
Allotment appeal over wills Residents of an Oxfordshire town have been asked to help increase the amount of land for allotments through their wills.
|
21/12/2009
Nearly half of young parents 'have no will' Most people in Britain aged between 18 and 30 do not have a will, according to new figures from the Fellowship of Professional Willwriters and Probate Practitioners.
|