Korean translation. This page is translated from the canonical English version for general information. UK legal terms do not always translate exactly — check the English source for legal decisions and seek professional advice for important matters. The English page is authoritative.
요약
Governs the administration of deceased persons' estates and provides the statutory rules for intestate succession (where a person dies without a valid will). The intestacy rules determine the order in which relatives inherit, with the surviving spouse/civil partner and children being the primary beneficiaries.
핵심 포인트
- Rules for intestate succession
- Surviving spouse receives personal chattels and statutory legacy (currently £322,000)
- Remainder shared between spouse and children
- Unmarried partners receive nothing on intestacy
- Personal representatives must administer the estate
- Sets out the intestacy rules for distribution of estates where there is no valid will (s.46)
- Surviving spouse/civil partner receives personal chattels, statutory legacy (currently £322,000), and half the residue if there are issue
- Remainder distributed to children equally (or their issue per stirpes)
- If no surviving spouse, estate passes to children, then parents, then siblings, then half-siblings, then grandparents, then aunts/uncles
- If no qualifying relatives survive, the estate passes to the Crown as bona vacantia
- Personal representatives (executors/administrators) have duty to collect assets, pay debts, and distribute the estate
편과 조
개정 이력
2014 — Inheritance and Trustees' Powers Act 2014
Increased the statutory legacy to the surviving spouse and removed the life interest in favour of an absolute share.
2014 — Inheritance and Trustees' Powers Act 2014
Updated the statutory legacy amount and modernised trustees' administrative powers.