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| Subject:
UK Law on Disinheritance
Category: Miscellaneous Asked by: hilarypalma-ga List Price: $100.00 |
Posted:
29 May 2004 04:53 PDT
Expires: 28 Jun 2004 04:53 PDT Question ID: 353490 |
Mother, aged 83 dies in UK. In her Will she leaves her entire estate between her two daughters (aged 52 and 55 years). Mother had re-married nine years previous (he now 84 years). Latest Will made after second marriage. Will states she leaves nothing to her (second) spouse because he has adequate funds himself - he owns a house (where mother lived). Mother leaves company shares and two accounts with around £136,000 total. Her property home was put in daughters' names 15 years previously when first husband died and sold six years prior to her death. Plus jewellery that was gifted to daughters before her death. A Trust Fund set up over seven years prior to death in names of mother and two daughters (now valued at around £120,000). The mother earned £4,000 per annum from Trust(total £28,000). Should this form part of estate now? All estate the mother had was from her first husband (45 years married) - the father of her daughters. The second husband has now made a claim on her estate under the Inheritance (Provision for Family and Dependants) Act 1975. During their marriage they had separate bank accounts and his house is in his name only. The mother contributed towards the upkeep of the house and living expenses only. The second husband (a widower when they married) has two sons who stand to inherit his entire estate (house, valued at around £150,000 to £170,000). Not know what bank accounts he enjoys. What amount can the second husband expect to be granted from the mother's estate? He suffers from angina and both his parents died in their 60's. |
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| There is no answer at this time. |
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| Subject:
Re: UK Law on Disinheritance
From: probonopublico-ga on 29 May 2004 07:22 PDT |
Please take a look at: http://answers.google.com/answers/threadview?id=351037 And in particular: "The Inheritance (Provision for Family and Dependants) Act 1975 If your partner dies intestate or his/her Will fails to make any or adequate provision for you, you may be able to bring a claim under the above Act for reasonable financial provision but you have to have been living together for at least 2 years before death and be dependent upon the deceased. The 1975 Act is no substitute for a properly drawn and regularly updated Will. Proceedings under the Act are inevitably expensive, protracted and stressful whereas the cost of making a Will is by comparison inexpensive. Remember that marriage will automatically invalidate an earlier Will unless that Will was written specifically in anticipation of the marriage." http://www.ts-p.co.uk/information_sheets/Cohabitees%20Your%20Rights.pdf According to this, the surviving spouse has had to have been 'dependent upon the deceased'. As your Mother's husband 'had adequate funds himself', he may not be entitled to any more but who knows what his financial situation is today? It is possible that the Trust Fund will fall outside of your Mother's Estate. Are you and your sister the Executors? Whatever, you certainly need professional advice and it will be far better if you can come to an amicable settlement with your stepfather, rather than to pursue litigation. |
| Subject:
Re: UK Law on Disinheritance
From: probonopublico-ga on 30 May 2004 00:46 PDT |
I would suggest that a good starting point would be for the Executors to investigate how much, if any, the Deceased contributed to her Husband's upkeep. Get her bank statements over the last 3 years or so. If these are not available order copies. From these (and her cheque books) it should be possible to determine how she was disposing of her income. Even if, in all fairness, her Husband was dependant upon her to some extent then at his age and with a health condition, it should be possible to buy an Annuity to cover whatever contribution is indicated. |
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