INTESTACY

Summary

That this House believes that the rules relating to intestacy are in urgent need of updating; notes that under the rules a spouse will only receive the first ú125,000 absolutely of the deceased's estate where there are children of the marriage; further notes that this figure has not changed for several years, despite a large increase in the value of domestic property; is concerned that many widows and widowers may lose their homes because their value is greater than the ú125,000 threshold; and calls upon Her Majesty's Government to consider raising this threshold to ú200,000, as recommended by the Law Society.

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Timeline

1. 6 December 2000

   Early Day Motion

   That this House believes that the rules relating to intestacy are in urgent need of updating; notes that under the rules a spouse will only receive the first ú125,000 absolutely of the deceased's estate where there are children of the marriage; further notes that this figure has not changed for several years, despite a large increase in the value of domestic property; is concerned that many widows and widowers may lose their homes because their value is greater than the ú125,000 threshold; and calls upon Her Majesty's Government to consider raising this threshold to ú200,000, as recommended by the Law Society.

   Source: Early Day Motion

Votes

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Sponsors

• Helen Southworth · Labour · Primary sponsor

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