Who Inherits My Mum’s Estate, me or My Step-Dad?
The answer to this question depends on various factors such as the laws of your country or state, the existence of a valid will or trust, and the specific circumstances surrounding the inheritance.
Generally, if the deceased person (your biological parent) had a will or trust that specifies how their property should be distributed, then the terms of the will or trust would dictate who inherits what. If there is no will or trust, then the laws of intestacy in your country or state would govern who inherits. That is why it is important to decide for yourself and write your own Will, which can easily be done with our Online Will Writing platform.
In most cases, spouses and biological children are typically given priority over step-children or other non-blood relatives in matters of inheritance. However, this can vary depending on the specific laws of your jurisdiction. In Victoria for example, the partner receives the first almost $500,000 of the Estate, then an equal share of the balance along with the children. It's best to consult with a lawyer who specializes in inheritance and estate law in your area for a more specific answer to your situation, as well as the update to date entitlements of the spouse or de facto of the deceased. Please book in a time to discuss that with one of our lawyers via the following link.
If your parent is still alive, it really is best to have a discussion with them about their wishes, whether they have a Will, where it is, and if they don’t have one perhaps urge them to write one via the best Online will Writing platform, this is quick, easy and cost effective, and eliminates a lot of stress for everyone.
The most important thing to note is the location of the Will, we suggest you read our blog “What if Someone Hides the Will”
Disclaimer:
The aforesaid is not legal advice and is only general in nature. Please obtain advice specific to your own circumstances, alternatively get in touch with the writer at http://hazelegal.com.au Please note that we do not endorse any of the services mentioned in this article, they merely serve as an example.