Passing on Money - Inheritance Act

Pensions Quote Line

0845 108 0505

• Home
• Credit Cards
• Loans
• Investments
• Life Insurance
• Mortgages
• Insurance

Inheritance Act

Inheritance (Provision for Family and Dependants) Act 1975

Dying intestate can pose particular problems for an unmarried partner, because he or she has no automatic rights under the intestacy rules. But if the partner can show that he or she lived with you as man or wife throughout the two years prior to your death, he or she can claim a share of your estate under this Act (which does not apply in Scotland, where the law, however, does recognise 'common law' husbands and wives).

If your partner had not been with you for the two years, he or she may still have a claim on your estate by proving financial dependence on you. In either case, the claim must be made within six months of permission to distribute the estate being granted. It will then be considered by the courts.

The whole procedure could take a long time, so it is much better that you make a will in the first place. Similarly, if you write a will and use it to disinherit someone who is financially dependent on you, that person can (following your death) go to court and challenge the will. The court decides whether that person should have a share of your estate and how much this should be.

<< BACK TO INFORMATION >>

Pensions.co.uk is part of a large network of financial sites created to help advise you on life events, such as buying a house, Mortgages.co.uk; insuring your car - CarInsurances.co.uk; your life - LifeInsurance.co.uk; and your home - HomeInsurance.co.uk.

1998 - 2007 UK Pensions - Planning before, at the onset and during retirement.