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Latest legal news from Kent Solicitors, Kaslers Solicitors LLP.



Wednesday, 3 December 2008

Administration of Estates Increase in statutory legacy

Many people think that if you are married, you do not need to leave a will, as everything goes to the spouse. They are wrong!

The spouse gets a set amount, the statutory legacy, details below, personal belongings, and only the income for life from half the rest

As from 1 February 2009 where the intestate leaves a spouse and children, the spouses legacy will be 250,000 pounds which is an increase from 125,000 pounds

Where there are no children, but the intestate is survived by parents or siblings, the spouses legacy will be £450,000 - up from £250,000

The position if you are not married is even worse!!!

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Call Michael Breeze on 07900 195 195 or call 0845 270 2511 to if you need legal advise about any of these issues