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Financial advisory
RES5Financial Advisory Services✓A non-Muslim dies intestate leaving a surviving spouse and two children, but no surviving parents. Under the Intestate Succession Act 1967, the estate is distributed:
Where the deceased leaves a spouse and children (issue), the spouse takes one-half of the estate and the children share the remaining one-half equally between them. Parents do not take a share when there are children.
With children present, the spouse gets one-half (not the whole estate), and the children divide the other half; the '1/3 each' split is not an ISA rule.
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