Adult children claiming provision from their parent’s estate – some things to consider

By B Stead

family provision, adult children, estrangement, equality, estate claimAdult children who feel they have not been provided for or left out of their parent’s will, may wish to make a claim from their deceased parent’s estate. Children of a deceased parent are eligible under family provision or testator’s family maintenance legislation to apply to the Court for an order for provision out of their deceased parent’s estate.  More

A lost will: – when the original can’t be found.

By: B Stead
missing will, misplaced will, lost will, Keeping an original will safe and secure is one thing, (see storing a will), but as a practical matter, it is  important to let executors know, or family or a trusted friend, of its whereabouts.

But what if for some reason an original will cannot be located, despite thorough searches?  Some additional enquiries which may be made in finding a missing will is discussed here. If a deceased person has not left a valid will, the intestacy rules apply.  More

Illegitimate children, ex-nuptial children – can they inherit?

illegitimate children, ex-nuptial children, contest a will, challenge a will, inheritance, inherit, what is an exnuptial childIllegitimate children or ex-nuptial children are those born outside of marriage. Changes to the law mean that the inheritance rights of illegitimate children are equal to those of legitimate children.  So this means they can inherit. What happens if no will was left, (an intestacy) either by an ex-nuptial child or their parent? Who inherits then? Can an ex-nuptial or illegitimate child be eligible under succession law to make a claim on a deceased parent’s estate?
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Family provision – who is eligible to claim from a deceased estate?

By: B Stead

Left out of a will or seeking more –  who can apply for provision?

family provision, eligibile person, will, deceased estate, challenge a will, contest a will, Family provision laws were introduced to remedy situations where willmakers failed to leave adequate provision for the proper maintenance, support and advancement in life for close family, usually spouses, partners and children.

The legislation gives the court1 discretionary power to order provision from a deceased person’s estate, where found to be inadequate, to “eligible” applicants, under certain circumstances. It is not automatic.

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Residue of a deceased estate, the residuary estate – what is it?

What does the ‘residue’ or ‘to give the residue of my estate’ mean?

 

residue, deceased estate, wills, making a will, administration, probate The residue of a deceased person’s estate is what is left over after the payment of all expenses in connection with the estate.

Expenses include payment of the funeral, costs incurred in the administration of the estate, payment of the deceased’s debts, the discharge of any liabilities of the deceased, and the distribution of any specific gifts made under their will.

The residue or residuary estate is property of the deceased not disposed of by the terms of their will.

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Codicils: what is a codicil, making minor changes to a will

A codicil is a document used to make minor changes to an existing will

A codicil is an additional document added or appended to an existing will for the purpose of making a minor change, amendment or alteration to that will.  An example of a minor amendment is when someone wants to change their executor/s and/or trustee/s or appoint a new one.

Legal validity of a codicil

It is important to note that to be legally valid a codicil must be signed and witnessed in the same way as for a will.

Codicil to existing will or a new will?

As described already, codicil is a short document which may be used when only a minor change is required to a will.  If the will was made a long time ago, it may be best to make a new will altogether so there is no inconsistencies.  Seek professional advice.

This article looks at:

  • What is a codicil?
  • Making a legally valid codicil
  • Codicils must refer to the date on the correct will
  • Revoking part of a will by a codicil
  • Reviving an earlier will by a codicil
  • Meaning of ‘will’ includes a codicil
  • How must codicils be signed?
  • Storing a codicil
  • Potential problems
  • An undated, unsigned ‘homemade’ codicil 

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Storing a will – ensure it is safe and secure

storing a will, will storage, safe custody for a will, willmaking, deceased estate, Storing a will for safekeeping

Wills are important private and confidential documents.  An original will should be stored in a safe and secure place after being signed and witnessed.  Ideally the place should be fireproof and the like.  Depending on the status of family relationships, if kept at home, it the document should be protected from tampering or destruction.  And don’t forget to inform your executors where the will is located.

Probate law requires that the original will be attached to an application for a grant of probate from the court. Without it, the timely administration of the deceased’s estate is delayed until the situation is resolved.  A summary of the usual approaches to storing a will follows.

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Pets – making provision for their care by will

Pets are family – arranging care for them when their carer dies

Pets in wills, cats, dogs, wills, provision for animals, WillsHub

Who will look after me?

Cats, dogs and other pets are really family.  So making arrangements for their welfare when their owner dies is worth doing to help relieve others of difficult decision making at a stressful time.

While the matter can be discussed and arranged informally among family or friends, this approach may not be for everyone.  Alternatively a will is a useful and practical way to leave instructions for what you would like done with your much loved pets.

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Update a will to avoid unintended outcomes

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By B Stead

Why update a will?

Updating a will might seem a troublesome chore, but circumstances can change from the time it was made.  The changes might produce unintended and unwanted outcomes in the event of death.  Therefore reviewing a will is important to keep its contents in line with intentions.

Regularly reviewing your will every few years or so, in light of changes in your life, is worth doing, as life events and matters such as those outlined below can affect a will.  Everyone’s situation is different so in all cases seek professional legal advice from a solicitor providing services in this area.

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A family tree can be useful, with or without a will

Why do a family tree?

family tree, wills, inheritance, intestate, intestacy,

A family tree is a record of information about family relationships. It is useful to have a basic outline of close family/next of kin relationships to keep with your personal papers.  This maybe unnecessary you might think.

However a family tree can be helpful in preparing to make a will, especially where large, complex estates, blended families and business succession issues are involved.  More

Why make a will and what can a will do?

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By: B Stead

Why make a will and what can it do?

Dying without leaving a will, or leaving an invalid one, is to die intestate.   Dying intestate means property left (the estate) is distributed according to the intestacy law.  The intestacy law has been prescribed by legislation as the ‘default’ rules to apply in these circumstances. The problem is that the intestacy formula for distribution may not produce the desired outcome.

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Joint tenancy or tenancy in common – considerations for inheritance and will-making

Joint tenancy and tenancy in common give different outcomes when an owner dies

Joint tenancy and tenancy in common are ways of owning property with others. Each works differently when an owner dies, see graphic below.  This impacts who will inherit the deceased owner’s share.  These graphics seek to highlight how each tenancy works.

In a joint tenancy, when one owner dies, the surviving one automatically owns the whole property.  This happens independently of any will (and probate) because of the right of survivorship attaching to this tenancy type.

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What is a will?

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A will is a testamentary document

A will is a legal document, often referred to by lawyers as an ‘instrument’, setting out what a person intends to have happen to their property, (real and personal), and other matters, when they die.  It is the legal way to record a person’s instructions and wishes on how they want their property distributed on the event of their death, and who is to responsible for carrying out those wishes.  Because it is to take effect only on death, a will is referred to as being ‘testamentary’.  A testamentary document or instrument is one which its writer intends, at the time of writing it, to come into effect when they die, and not before.  More

Per stirpes, per capita and deceased estate distribution

Per stirpes and per capita distribution of a deceased estate

Per stirpes and per capita are Latin terms referring to the ways in which a person’s estate can be distributed among their descendants, their children, grandchildren and so on.  A person’s descendants are often referred to as “issue” in succession and inheritance law. As the term ‘issue’ refers to more family than just ‘children’ this can lead to confusion when interpreting what a will-maker intended.   For more see this article on using the words “issue” and “children” in wills.

Per stirpes and per capita are different ways of distributing property among a group or class of people, either under a will or when there isn’t one. They address the situation where one or more family descendants of a person have predeceased them. Per stirpes means ‘by the stocks, roots or branch” and per capita means ‘by the head’, by each individual person in equal shares. More

Issue and children in wills – say what you mean

“Issue” is a legal word often used in wills regarding estate distribution

Language can be confusing. Words like ‘issue’ and ‘children’, may be thought of in one way by some, but be interpreted differently by others, see graphic.

Meaning of issue, meaning of issue of parents, issue and children in wills, next-of-kin, inheritance, succession, legal definition, meaning of the word 'issue'They have the potential to generate different interpretations and outcomes.

The problems may not arise until the will-maker has passed away; leaving the question what did they really mean?  This article is about the meaning of issue in wills.

 

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