Claiming From a Deceased Estate
A close family relative is not a guarantee of an inheritance from them when they die. Nor is a verbal promise to remember us, no matter how genuine they seemed at the time. That’s because claiming from a deceased estate follows one of these two well-defined paths: Either the deceased left us something in a legal will. Or else their estate goes to their nearest relative(s). We wrote about legal, valid wills on a previous occasion. This article is about making a claim from a deceased estate if there is no such document. The UK Government’s legal department offers a Bona Vacantia service, which means ‘vacant goods’ in Latin. Your first task is to find out where you are in order of priority, if at all. Priority for Claiming From a Deceased Estate A legal, valid will sets out how a deceased estate must be shared out. This includes the entire estate whether or not all assets are mentioned. However, if the person dies intestate (without a will) then everything is potentially...