Dying Without a Will: What Intestacy Really Means
We see many situations where not having a will really complicates matters.
First, you may not have the person you would have wanted administering your estate acting as your executor. Second, you cannot determine what happens to your assets and your estate at all.
Instead, you die intestate, that is, without a valid will. When that happens, we have to look at the intestacy rules within the Succession Act, which set out a kind of sliding scale of who is entitled to your estate. Those rules do not always direct your estate to the people you would have chosen as your beneficiaries.
Making a will is the only way to ensure your estate goes where you want it to.
We have prepared this article to share general information. For personal advice, book a consultation with our team.