ਸਾਰਾ ਕਾਨੂੰਨ
Wills, Probate & Succession
c. 23
Administration of Estates Act 1925
legislation.gov.uk ਤੇ ਵੇਖੋਸਾਰ
The Administration of Estates Act 1925 governs the administration of deceased persons' estates and sets out the intestacy rules that apply where a person dies without a valid will. It prescribes the order in which the estate is distributed to surviving relatives.
ਮੁੱਖ ਨੁਕਤੇ
- 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
ਹਿੱਸੇ ਅਤੇ ਧਾਰਾਵਾਂ
ਸੋਧਾਂ ਦਾ ਇਤਿਹਾਸ
2014 — Inheritance and Trustees' Powers Act 2014
Updated the statutory legacy amount and modernised trustees' administrative powers.