Avoiding IntestacyYou might be wondering why you should make a Will and whetheror not the expense is worth it, because after all, when you die yourpartner will get everything - right?Well, possibly. Dying without a Will is called "intestacy"and meansthat strict rules must be followed when distributing your life timeassets or "estate" (money, real property like a house and personalbelongings). For example, if you cohabit without marrying yourpartner, they are not entitled to a share in your estate after you'vedied.A surviving spouse will get the first £250,000 of your estate. If youleave children they would get nothing if your estate is worth lessthan £250,000. Your surviving spouse will get all of your "chattels" (your possessions)meaning that they then have to deal with it all.If there is anything left after the £250,000 given to the spouse, this is then halved andhalf is given to the spouse again, and the other half is split between any children. So ifyou died leaving £350,000 worth of assets, and were married, your spouse would getE250,000 plus £50,000 with the last £50,000 being split equally among any childrenThese rules might be unfair in your particular circumstances, especially if your lovedones do not feel adequately provided for. They might however be able to make alegal claim, but of course this carries with it the risk of the claim failing and becomingexpensive to pursue.Intestacy rules govern who gets what from your estate. Because no Will was left, you getno say in how your estate is shared out. This means that your control over the situationhas been replaced by inflexible legal rules; the solution is to invest in a Will which givesyou back control.For more information on this matter speak to our specialist Senior Associate SolicitorChristine Butterfield on 01305 216205 or christine.butterfield@battens.co.ukBattenSLexcelSolicitorsSpecialist Legal Advice and Solutionsfor whatever life brings -at home or at work. Dorchester: 01305 250560·Weymouth: 01305 774666-Wareham: 01929 768720.Bath: London: 0207 781 7750. Sherborne: 01935 814811·Yeovil:01935 84600001225 562581

Date: 12 January 2018

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Avoiding Intestacy You might be wondering why you should make a Will and whether or not the expense is worth it, because after all, when you die your partner will get everything - right? Well, possibly. Dying without a Will is called "intestacy"and means that strict rules must be followed when distributing your life time assets or "estate" (money, real property like a house and personal belongings). For example, if you cohabit without marrying your partner, they are not entitled to a share in your estate after you've died. A surviving spouse will get the first £250,000 of your estate. If you leave children they would get nothing if your estate is worth less than £250,000. Your surviving spouse will get all of your "chattels" (your possessions) meaning that they then have to deal with it all. If there is anything left after the £250,000 given to the spouse, this is then halved and half is given to the spouse again, and the other half is split between any children. So if you died leaving £350,000 worth of assets, and were married, your spouse would get E250,000 plus £50,000 with the last £50,000 being split equally among any children These rules might be unfair in your particular circumstances, especially if your loved ones do not feel adequately provided for. They might however be able to make a legal claim, but of course this carries with it the risk of the claim failing and becoming expensive to pursue. Intestacy rules govern who gets what from your estate. Because no Will was left, you get no say in how your estate is shared out. This means that your control over the situation has been replaced by inflexible legal rules; the solution is to invest in a Will which gives you back control. For more information on this matter speak to our specialist Senior Associate Solicitor Christine Butterfield on 01305 216205 or christine.butterfield@battens.co.uk BattenS Lexcel Solicitors Specialist Legal Advice and Solutions for whatever life brings -at home or at work . Dorchester: 01305 250560·Weymouth: 01305 774666-Wareham: 01929 768720 .Bath: London: 0207 781 7750 . Sherborne: 01935 814811·Yeovi l:01935 846000 01225 562581