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The Impact of a Parent's Death on Property Ownership Among Siblings and Step-Parents
https://legiswiki.com/en/p/10160/the-impact-of-a-parents-death-on-property-ownership-among-siblings-and-step-parents
The impact of a parent's death on property ownership among siblings and step-parents depends largely on whether there is a valid will and the applicable inheritance laws. 1. Role of a Will: If the deceased parent left a valid will, it typically governs how the estate, including property, is divided...
Impact of Remarriage on Estate Planning and Inheritance
https://legiswiki.com/en/p/10178/impact-of-remarriage-on-estate-planning-and-inheritance
Remarriage can significantly affect estate planning and inheritance, impacting both the distribution of assets and the rights of beneficiaries. Here are some key considerations: 1. Estate Plan Updates Remarriage often necessitates updating an existing estate plan to ensure it reflects the new famil...
How Ownership of Property is Determined When a Deceased Person's Estate is Not Fully Settled
https://legiswiki.com/en/p/10150/how-ownership-of-property-is-determined-when-a-deceased-persons-estate-is-not-fully-settled
When a deceased person's estate is not fully settled, ownership of property is determined based on how the property was held and whether there is a will or not. The process generally involves these key considerations: 1. Type of Property Ownership Joint Tenants: If the deceased owned property join...
Effect of a Parent's Death on Property Ownership and Inheritance Rights of Children in NC
https://legiswiki.com/en/p/10156/effect-of-a-parents-death-on-property-ownership-and-inheritance-rights-of-children-in-nc
The death of a parent in North Carolina significantly affects property ownership and inheritance rights of their children, especially when the parent dies without a will (intestate). Here are the key points regarding how property and inheritance rights are handled under North Carolina law: 1. Intest...
Understanding the Rights of Heirs When a Property Title Remains in an Estate for Years
https://legiswiki.com/en/p/10157/understanding-the-rights-of-heirs-when-a-property-title-remains-in-an-estate-for-years
When a property title remains in an estate for years, typically because the deceased owner did not leave a legally binding will, the property is considered heirs' property. This means the property is informally owned by multiple heirs who hold fractional interests, but the official title remains in...
Cohabiting Partners Inheritance
Cohabiting partners do not have automatic inheritance rights under most legal systems, unlike married couples or those in civil partnerships. Here is a neutral summary of the key legal points regarding cohabiting partners and inheritance:
Inheritance Rights of Cohabiting Partners
- No Automatic Inheritance: If a cohabiting partner dies without a will (intestate), the surviving partner does not automatically inherit any part of the deceased’s estate, regardless of how long the couple has lived together.
- Jointly Owned Property: Assets that are jointly owned—such as a home held as beneficial joint tenants—will automatically pass to the surviving partner upon death. This is not affected by the absence of a will.
- Inheritance via Will: A cohabiting partner can inherit if they are specifically named as a beneficiary in the deceased’s will. It is therefore important for cohabiting couples to make wills if they wish to leave assets to each other.
- Tax Considerations: In some jurisdictions, such as Ireland, cohabiting partners may be subject to inheritance tax at a higher rate than spouses or civil partners. For example, in Ireland, cohabiting partners pay tax at 33% on gifts or inheritances over €20,000 (for gifts or inheritances on or after 2 October 2024).
- Other Legal Agreements: Some couples may choose to enter into cohabitation agreements or living together agreements to clarify their rights and obligations regarding property and inheritance.
Summary Table
Situation | Inheritance Rights for Cohabiting Partner? |
---|---|
No will (intestate) | No |
Named in will | Yes |
Jointly owned property | Yes (automatic transfer) |
Solely owned property, no will | No |
Additional Notes
- Children’s Rights: Children of the deceased may have inheritance rights under intestacy laws, which can further complicate matters for cohabiting partners.
- Legal Advice: While legal advice is often recommended for complex situations, this summary is provided for informational purposes only.
Cohabiting partners should be aware that, without specific legal arrangements, their inheritance rights are limited compared to those of married couples or civil partners.