Intestacy rules improved for spouses

Increased to £270,000

Adam Saville
clock • 1 min read

Surviving spouses to receive £20,000 greater share of estate if partners die without a will in place

As of yesterday (6 February), the amount that a surviving spouse in England and Wales can automatically receive if their partner has children and dies without leaving a will has increased to £270,000. A surviving spouse automatically inherits the entire estate if there are no children. However, under the new rules, where there are children, the bereaved partner will inherit an extra £20,000 plus half the remaining estate, and with the other split equally between any children. Elaine Cruickshank, tax and trusts manager at Aegon argued that while this might sound like a financially attr...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Regulation

John Healey's first Autumn Budget set for 28 October

John Healey's first Autumn Budget set for 28 October

Government looks to "kickstart growth in every postcode"

Isabel Baxter
clock 03 August 2026 • 2 min read
Just 12 firms recieved FCA bereavement survey: Professional Adviser

Just 12 firms recieved FCA bereavement survey: Professional Adviser

Covers advisers, platforms and wealth managers

Sophia Panayi
clock 30 July 2026 • 3 min read
FCA's Consumer Duty review finds weak focus on customer outcomes

FCA's Consumer Duty review finds weak focus on customer outcomes

Review into firms’ outcomes monitoring

Sophia Panayi
clock 27 July 2026 • 2 min read