I know that it is vital to make a will, but I have the following query.
Say one member of a married couple dies, without having made a will. They have 2 children. I am aware that 2/3ths goes to the surviving spouse and 1/3 goes to the kids. Q:What about jointly held assets, such as the family home held in both names & joint bank accounts. Are the kids entitled to 1/3 of these as well?
Say one member of a married couple dies, without having made a will. They have 2 children. I am aware that 2/3ths goes to the surviving spouse and 1/3 goes to the kids. Q:What about jointly held assets, such as the family home held in both names & joint bank accounts. Are the kids entitled to 1/3 of these as well?