What happens if you die without a Will? Intestacy provisions and how they apply
There is no legal requirement to make a Will. Each State has rules in place in the event you pass away without making a Will – these are called the laws of intestacy. When an individual dies without a Will they are considered to have died ‘intestate’ and their estate is dealt with under the laws of intestacy of the relevant jurisdiction in which their assets were situated. To outline, the intestacy provisions in the Administration and Probate Act 1958 set out a ‘default’ order in which family members will inherit your estate if you pass away without a Will. If there are no family members, then under the intestacy rules, an estate will be disposed of in the following order depending on the intestate's family circumstances:... Read More