What's the difference between intestacy and will?

Intestacy


Definition:

  • (n.) The state of being intestate, or of dying without having made a valid will.

Example Sentences:

  • (1) If you don’t make a will, he won’t get your share as it will go to a member of your family under the intestacy rules.
  • (2) Assuming that your estate would be worth more than £250,000, the intestacy rules – which come into play when someone dies without leaving a will – say that your children would get everything, divided equally between them.
  • (3) You then need to clear any unpaid debts and distribute the estate, which means giving any property, money or possessions to the beneficiaries as dictated by the will, or by intestacy laws if there is no will.
  • (4) All gifts left to a spouse or civil partner in a will – or inherited under the intestacy rules – are free of inheritance tax.
  • (5) If there is no will, or it's invalid, the laws of intestacy apply and the person entitled to take responsibility for the estate is usually the surviving spouse, civil partner or nearest relative.
  • (6) He also pointed out that the duchy operated as the harbour authority in the Scilly Isles and had the role of dealing with intestacy and company failure in the County of Cornwall, which were effectively public roles.
  • (7) One of the initial proposals that was not included in the agreed changes was to include co-habitees in the intestacy rules to reflect living circumstances in today’s society,” says James Antoniou, head of wills for the Co-operative Legal Services.
  • (8) If someone dies without a will, there is a set of intestacy rules that determine who gets what.

Will


Definition:

  • (v.) The choice which is made; a determination or preference which results from the act or exercise of the power of choice; a volition.
  • (v.) The power of choosing; the faculty or endowment of the soul by which it is capable of choosing; the faculty or power of the mind by which we decide to do or not to do; the power or faculty of preferring or selecting one of two or more objects.
  • (v.) The choice or determination of one who has authority; a decree; a command; discretionary pleasure.
  • (v.) Strong wish or inclination; desire; purpose.
  • (v.) That which is strongly wished or desired.
  • (v.) Arbitrary disposal; power to control, dispose, or determine.
  • (v.) The legal declaration of a person's mind as to the manner in which he would have his property or estate disposed of after his death; the written instrument, legally executed, by which a man makes disposition of his estate, to take effect after his death; testament; devise. See the Note under Testament, 1.
  • (adv.) To wish; to desire; to incline to have.
  • (adv.) As an auxiliary, will is used to denote futurity dependent on the verb. Thus, in first person, "I will" denotes willingness, consent, promise; and when "will" is emphasized, it denotes determination or fixed purpose; as, I will go if you wish; I will go at all hazards. In the second and third persons, the idea of distinct volition, wish, or purpose is evanescent, and simple certainty is appropriately expressed; as, "You will go," or "He will go," describes a future event as a fact only. To emphasize will denotes (according to the tone or context) certain futurity or fixed determination.
  • (v. i.) To be willing; to be inclined or disposed; to be pleased; to wish; to desire.
  • (n.) To form a distinct volition of; to determine by an act of choice; to ordain; to decree.
  • (n.) To enjoin or command, as that which is determined by an act of volition; to direct; to order.
  • (n.) To give or direct the disposal of by testament; to bequeath; to devise; as, to will one's estate to a child; also, to order or direct by testament; as, he willed that his nephew should have his watch.
  • (v. i.) To exercise an act of volition; to choose; to decide; to determine; to decree.

Example Sentences:

Words possibly related to "intestacy"