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It was recently reported (here) that the Faculty of Advocates has voiced concern over discussions being had on making changes to the law of intestacy as it currently applies in Scotland. In its response to a consultant paper issued by the Scottish Government, which itself was a reaction to a report compiled by the Scottish Law Commission, the Faculty commented that some of the proposed changes to the law of intestacy could have a detrimental impact on the surviving children of anyone who dies without a Will.

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Posted by on in Contesting Wills

The Scottish Parliament has passed the Succession (Scotland) Bill, which reforms the laws of inheritance in Scotland.

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Many families still haven’t made financial preparations for death despite being aware of how important these plans are, the latest Family Finances Report from Aviva has revealed.

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Posted by on in Contesting Wills

According to Remember A Charity, 2015 was the most successful year in the consortium’s history, with 17% of UK adults reporting that they have included a charitable legacy in their will.

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It was recently reported (available here) that as much as £1 billion will be abandoned in bank accounts this year by people who fail to leave a Will. The news article highlights that where a person dies without a Will, the rules of intestacy – the legal formula for distributing property when there is no Will – dictate that the bank must freeze their assets until a beneficiary is found. In turn, the fact that a significant amount of money may be left in a bank may lead to some argument among surviving members about what they think you would have wanted and are entitled to.

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