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A recent piece of research from Canada has revealed that many people have unrealistic expectations about the amount of inheritance they will receive.

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Deciding on how you would wish to pass your possession to future generations, and to surviving family members when you pass away can be difficult. There will be many different things to consider, including how best to avoid unnecessary disputes between family members over their inheritance. Up until recently, the rules on how this happens had been relatively well known. However, on 29 January this year, the Scottish Parliament passed the Succession (Scotland) Bill into law bringing with it some changes to the law of succession in Scotland.

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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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