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Making wills / what happens to money without one?

johndoh · 2023-09-06T12:40:13Z

The probate thread reminded me that I have been meaning to ask this for some time. My brother is comfortably-off (owns his own house outright, has a decent amount of savings etc – it all probably amounts to something like £1m). However, he has no dependents (never married, no kids etc, both our parents have died). I do have a list of all of his savings accounts in the event of his death, however, I don't know if he actually has a will and it's not something I would feel that comfortable asking him about (I don't know why, we are very close, but it feels wrong). My main concern is what happens to his money in the event of his death (would it automatically just be shared with his siblings)? But then what happens if he's the last surviving brother? Would it then go to any nieces and nephews? Would the Government get a bigger slice in the absence of a will? Basically, do I need to ask him outright?

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intheborders

Posts: 5054

Free Member

<span style="color: #000000; font-family: Roboto, 'Helvetica Neue', Arial, 'Noto Sans', sans-serif, -apple-system, BlinkMacSystemFont, 'Segoe UI', 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI Symbol', 'Noto Color Emoji'; background-color: #eeeeee;">I would say this is rubbish. My wife and I have no wills like 40-50% of the UK population, 3 kids (now grown up), assets I would estimate >£2m. If you’re saying I don’t GAS about my family you are very wrong.</span>

db - nope, I'm not, just get Wills made FFS

Posted : 07/09/2023 11:37 am

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