requirement to create a will

WhoElse

Apologies if this is not the right forum. I'm looking for any advice on creating a will.

Firstly, what is the benefit of one? Wouldn't all properties pass to spouse/children anyway? It is it more about making sure any property accounts and pensions are all followed up on?

Any advice gratefully accepted!

Addle

A Testator is a person who has made a will. If you die without making a will, you are said to die intestate. If that happens, your money and property is distributed in accordance with the rules set out in the Succession Act, 1965.
The rules for division of property on intestacy are as follows:

If the deceased is survived by

spouse/civil partner but no children - spouse/civil partner gets entire estate
spouse/civil partner and children - spouse/civil partner gets two-thirds, one-third is divided equally between children (if a child has already died his/her children take a share)
parents, no spouse/civil partner or children - divided equally or entirely to one parent if only one survives.
children, no spouse/civil partner - divided equally between children (as above)
brothers and sisters only - shared equally, the children of a deceased brother or sister take the share
nieces and nephews only - divided equally between those surviving
other relatives - divided equally between nearest equal relationship
no relatives - the state

http://www.citizensinformation.ie/en/death/the_deceaseds_estate/what_happens_the_deceaseds_estate.html

Mr. Incognito

This is really one to be discussed in person with a solicitor

WhoElse

I didn't die, just got distracted by work, and never cam back to say thanks for your guidance! :D

Atlantic Dawn

For a spouse yes but otherwise it will save those left behind who would get it anyway about €10k in fees researching if you left your estate to the man in the moon or not. €150 to make your will is a bargain.

fritzelly

https://www.boards.ie/discussion/comment/118309858#Comment_118309858

Thank god for that!