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Accounting / February 6th 2017

What Happens in a Case of Intestacy?

The thought of the afterlife may not be the most appealing thing to think about on a day to day basis. However preparing well for these unpleasant times may well help relieve a lot of stress and grief for your loved ones. Therefore it is highly recommended that you ensure that you have a valid will in place. We previously shared our views on “The importance of having a valid will” back in December 2016. If however, you unfortunately do not have a valid will at death, your estate will pass via what is known as in Intestacy. With the rules having changed recently, it is useful to know what the rules were and how they have changed exactly. (more…)

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