What Happens If You Die Without a Will

Your assets will be distributed according to the intestacy laws set out by the Government. These laws dictate how your assets are divided among your relatives.

 

Hierarchy of Heirs

• Generally, the order of inheritance is as follows:

• • Spouse: If you are married, your spouse usually inherits first.

• • Children: If you have children, they typically inherit next, either equally or following laws.

• • Parents: If you have no spouse or children, your parents may inherit.

• • Siblings: If there are no living parents, your siblings or their children might inherit.

• • More Distant Relatives: If there are no immediate family members, more distant relatives (like cousins, aunts, or uncles) may inherit.

 

Appointment of an Administrator

• The court will appoint an administrator (usually a family member) to manage your estate. This person is responsible for gathering your assets, paying debts, and distributing the remaining assets according to the law.

 

Probate Process

• Your estate will go through the probate process, which is a legal procedure to settle your affairs. This can take time and may involve court fees.

 

No Control Over Distribution

• Without a Will, you lose control over how your assets are distributed. Your wishes regarding specific items or amounts to specific people will not be honoured.

 

Potential Family Disputes

• The lack of a Will can lead to misunderstandings and disputes among family members about the distribution of your assets.

 

Impact on Non-Relatives

• If you wish to leave assets to friends, charities, or non-relatives, they will not inherit anything if you die intestate, as intestacy laws only consider blood relatives.

 

Dying without a Will can lead to complications and may not reflect your wishes regarding asset distribution. To avoid these issues, it’s advisable to create a Will and keep it updated.