xmlns:atom="http://www.w3.org/2005/Atom"
Statutory Instruments
Administration Of Estates
Made
9th December 2008
Laid before Parliament
11th December 2008
Coming into force
1st February 2009
The Lord Chancellor makes the following Order in exercise of the powers conferred by section 47A(3A) and (3B) of the Administration of Estates Act 1925(1).
1. This Order may be cited as the Intestate Succession (Interest and Capitalisation) (Amendment) Order 2008 and shall come into force on 1st February 2009.
2.—(1) In paragraph (2) of article 3 of the Intestate Succession (Interest and Capitalisation) Order 1977(2)—
(a)omit “average”; and
(b)omit “medium coupon”.
(2) For the Schedule to the Intestate Succession (Interest and Capitalisation) Order 1977, substitute the Schedule to this Order.
Signed on behalf of the Lord Chancellor
Bridget Prentice
Parliamentary Under Secretary of State
Ministry of Justice
9th December 2008
Age last birthday of husband or male civil partner | Less than 2.5% | 2.5% or between 2.5% and 3.5% | 3.5% or between 3.5% and 4.5% | 4.5% or between 4.5% and 5.5% | 5.5% or between 5.5% and 6.5% | 6.5% or between 6.5% and 7.5% | 7.5% or between 7.5% and 8.5% | 8.5% or between 8.5% and 9.5% | 9.5% or between 9.5% and 10.5% | 10.5% or between 10.5% and 11.5% | 11.5% or more |
---|---|---|---|---|---|---|---|---|---|---|---|
16 | 0.630 | 0.761 | 0.836 | 0.881 | 0.907 | 0.922 | 0.932 | 0.938 | 0.942 | 0.944 | 0.946 |
17 | 0.625 | 0.756 | 0.833 | 0.878 | 0.905 | 0.921 | 0.931 | 0.937 | 0.941 | 0.944 | 0.945 |
18 | 0.620 | 0.752 | 0.829 | 0.875 | 0.903 | 0.920 | 0.930 | 0.936 | 0.941 | 0.943 | 0.945 |
19 | 0.615 | 0.747 | 0.825 | 0.872 | 0.901 | 0.918 | 0.929 | 0.936 | 0.940 | 0.943 | 0.945 |
20 | 0.610 | 0.743 | 0.822 | 0.870 | 0.899 | 0.917 | 0.928 | 0.935 | 0.939 | 0.942 | 0.945 |
21 | 0.604 | 0.738 | 0.818 | 0.867 | 0.896 | 0.915 | 0.927 | 0.934 | 0.939 | 0.942 | 0.944 |
22 | 0.599 | 0.733 | 0.814 | 0.863 | 0.894 | 0.913 | 0.925 | 0.933 | 0.938 | 0.941 | 0.944 |
23 | 0.594 | 0.728 | 0.809 | 0.860 | 0.891 | 0.911 | 0.924 | 0.932 | 0.937 | 0.941 | 0.943 |
24 | 0.588 | 0.723 | 0.805 | 0.857 | 0.889 | 0.909 | 0.922 | 0.931 | 0.936 | 0.940 | 0.943 |
25 | 0.582 | 0.717 | 0.801 | 0.853 | 0.886 | 0.907 | 0.921 | 0.930 | 0.936 | 0.940 | 0.942 |
26 | 0.577 | 0.712 | 0.796 | 0.849 | 0.883 | 0.905 | 0.919 | 0.928 | 0.935 | 0.939 | 0.942 |
27 | 0.571 | 0.706 | 0.791 | 0.846 | 0.880 | 0.903 | 0.917 | 0.927 | 0.934 | 0.938 | 0.941 |
28 | 0.565 | 0.701 | 0.786 | 0.842 | 0.877 | 0.900 | 0.915 | 0.926 | 0.932 | 0.937 | 0.940 |
29 | 0.559 | 0.695 | 0.781 | 0.837 | 0.874 | 0.898 | 0.913 | 0.924 | 0.931 | 0.936 | 0.940 |
30 | 0.553 | 0.689 | 0.776 | 0.833 | 0.870 | 0.895 | 0.911 | 0.922 | 0.930 | 0.935 | 0.939 |
31 | 0.546 | 0.683 | 0.771 | 0.829 | 0.867 | 0.892 | 0.909 | 0.920 | 0.928 | 0.934 | 0.938 |
32 | 0.540 | 0.676 | 0.765 | 0.824 | 0.863 | 0.889 | 0.907 | 0.918 | 0.927 | 0.933 | 0.937 |
33 | 0.533 | 0.670 | 0.759 | 0.819 | 0.859 | 0.886 | 0.904 | 0.916 | 0.925 | 0.931 | 0.936 |
Age last birthday of husband or male civil partner | Less than 2.5% | 2.5% or between 2.5% and 3.5% | 3.5% or between 3.5% and 4.5% | 4.5% or between 4.5% and 5.5% | 5.5% or between 5.5% and 6.5% | 6.5% or between 6.5% and 7.5% | 7.5% or between 7.5% and 8.5% | 8.5% or between 8.5% and 9.5% | 9.5% or between 9.5% and 10.5% | 10.5% or between 10.5% and 11.5% | 11.5% or more |
---|---|---|---|---|---|---|---|---|---|---|---|
34 | 0.527 | 0.663 | 0.753 | 0.814 | 0.854 | 0.882 | 0.901 | 0.914 | 0.923 | 0.930 | 0.935 |
35 | 0.520 | 0.657 | 0.747 | 0.809 | 0.850 | 0.879 | 0.898 | 0.912 | 0.922 | 0.928 | 0.933 |
36 | 0.514 | 0.650 | 0.741 | 0.803 | 0.845 | 0.875 | 0.895 | 0.909 | 0.919 | 0.927 | 0.932 |
37 | 0.507 | 0.643 | 0.734 | 0.798 | 0.841 | 0.871 | 0.892 | 0.907 | 0.917 | 0.925 | 0.931 |
38 | 0.500 | 0.636 | 0.728 | 0.792 | 0.836 | 0.867 | 0.888 | 0.904 | 0.915 | 0.923 | 0.929 |
39 | 0.493 | 0.628 | 0.721 | 0.785 | 0.830 | 0.862 | 0.885 | 0.901 | 0.912 | 0.921 | 0.927 |
40 | 0.485 | 0.621 | 0.714 | 0.779 | 0.825 | 0.858 | 0.881 | 0.897 | 0.910 | 0.918 | 0.925 |
41 | 0.478 | 0.613 | 0.706 | 0.773 | 0.819 | 0.853 | 0.877 | 0.894 | 0.907 | 0.916 | 0.923 |
42 | 0.471 | 0.605 | 0.699 | 0.766 | 0.813 | 0.847 | 0.872 | 0.890 | 0.903 | 0.913 | 0.921 |
43 | 0.463 | 0.597 | 0.691 | 0.759 | 0.807 | 0.842 | 0.867 | 0.886 | 0.900 | 0.910 | 0.918 |
44 | 0.456 | 0.589 | 0.683 | 0.751 | 0.800 | 0.836 | 0.863 | 0.882 | 0.896 | 0.907 | 0.916 |
45 | 0.448 | 0.580 | 0.675 | 0.744 | 0.794 | 0.830 | 0.857 | 0.877 | 0.893 | 0.904 | 0.913 |
46 | 0.440 | 0.572 | 0.666 | 0.736 | 0.786 | 0.824 | 0.852 | 0.873 | 0.888 | 0.900 | 0.910 |
47 | 0.432 | 0.563 | 0.658 | 0.728 | 0.779 | 0.817 | 0.846 | 0.868 | 0.884 | 0.896 | 0.906 |
48 | 0.424 | 0.554 | 0.649 | 0.719 | 0.771 | 0.811 | 0.840 | 0.862 | 0.879 | 0.892 | 0.903 |
49 | 0.416 | 0.545 | 0.640 | 0.711 | 0.763 | 0.803 | 0.834 | 0.856 | 0.874 | 0.888 | 0.899 |
50 | 0.408 | 0.536 | 0.630 | 0.702 | 0.755 | 0.796 | 0.827 | 0.850 | 0.869 | 0.883 | 0.895 |
51 | 0.400 | 0.526 | 0.621 | 0.692 | 0.746 | 0.788 | 0.820 | 0.844 | 0.863 | 0.878 | 0.890 |
52 | 0.392 | 0.517 | 0.611 | 0.683 | 0.738 | 0.780 | 0.812 | 0.837 | 0.857 | 0.873 | 0.885 |
53 | 0.383 | 0.507 | 0.601 | 0.673 | 0.728 | 0.771 | 0.804 | 0.830 | 0.851 | 0.867 | 0.880 |
54 | 0.375 | 0.497 | 0.591 | 0.663 | 0.719 | 0.762 | 0.796 | 0.823 | 0.844 | 0.861 | 0.875 |
55 | 0.366 | 0.487 | 0.580 | 0.653 | 0.709 | 0.753 | 0.788 | 0.815 | 0.837 | 0.855 | 0.869 |
56 | 0.357 | 0.477 | 0.569 | 0.642 | 0.698 | 0.743 | 0.779 | 0.807 | 0.829 | 0.848 | 0.863 |
57 | 0.349 | 0.467 | 0.558 | 0.631 | 0.688 | 0.733 | 0.769 | 0.798 | 0.821 | 0.840 | 0.856 |
Age last birthday of husband or male civil partner | Less than 2.5% | 2.5% or between 2.5% and 3.5% | 3.5% or between 3.5% and 4.5% | 4.5% or between 4.5% and 5.5% | 5.5% or between 5.5% and 6.5% | 6.5% or between 6.5% and 7.5% | 7.5% or between 7.5% and 8.5% | 8.5% or between 8.5% and 9.5% | 9.5% or between 9.5% and 10.5% | 10.5% or between 10.5% and 11.5% | 11.5% or more |
---|---|---|---|---|---|---|---|---|---|---|---|
58 | 0.340 | 0.456 | 0.547 | 0.620 | 0.677 | 0.723 | 0.759 | 0.789 | 0.813 | 0.833 | 0.849 |
59 | 0.331 | 0.445 | 0.536 | 0.608 | 0.665 | 0.712 | 0.749 | 0.779 | 0.804 | 0.824 | 0.841 |
60 | 0.322 | 0.435 | 0.524 | 0.596 | 0.654 | 0.701 | 0.738 | 0.769 | 0.795 | 0.816 | 0.833 |
61 | 0.313 | 0.424 | 0.512 | 0.584 | 0.641 | 0.689 | 0.727 | 0.759 | 0.785 | 0.806 | 0.825 |
62 | 0.304 | 0.413 | 0.500 | 0.571 | 0.629 | 0.677 | 0.716 | 0.748 | 0.774 | 0.797 | 0.815 |
63 | 0.295 | 0.401 | 0.488 | 0.558 | 0.616 | 0.664 | 0.704 | 0.736 | 0.764 | 0.786 | 0.806 |
64 | 0.286 | 0.390 | 0.475 | 0.545 | 0.603 | 0.651 | 0.691 | 0.724 | 0.752 | 0.776 | 0.796 |
65 | 0.277 | 0.379 | 0.462 | 0.532 | 0.590 | 0.638 | 0.678 | 0.712 | 0.740 | 0.765 | 0.785 |
66 | 0.268 | 0.367 | 0.450 | 0.519 | 0.576 | 0.624 | 0.665 | 0.699 | 0.728 | 0.753 | 0.774 |
67 | 0.259 | 0.356 | 0.437 | 0.505 | 0.562 | 0.610 | 0.651 | 0.685 | 0.715 | 0.740 | 0.762 |
68 | 0.250 | 0.344 | 0.424 | 0.491 | 0.547 | 0.596 | 0.637 | 0.671 | 0.701 | 0.727 | 0.750 |
69 | 0.240 | 0.333 | 0.410 | 0.476 | 0.533 | 0.581 | 0.622 | 0.657 | 0.687 | 0.714 | 0.737 |
70 | 0.231 | 0.321 | 0.397 | 0.462 | 0.517 | 0.565 | 0.606 | 0.642 | 0.673 | 0.699 | 0.723 |
71 | 0.222 | 0.309 | 0.383 | 0.447 | 0.502 | 0.549 | 0.590 | 0.626 | 0.657 | 0.684 | 0.708 |
72 | 0.213 | 0.297 | 0.369 | 0.432 | 0.486 | 0.533 | 0.574 | 0.610 | 0.641 | 0.669 | 0.693 |
73 | 0.204 | 0.285 | 0.355 | 0.417 | 0.470 | 0.516 | 0.557 | 0.593 | 0.624 | 0.652 | 0.677 |
74 | 0.195 | 0.273 | 0.341 | 0.401 | 0.453 | 0.499 | 0.540 | 0.575 | 0.607 | 0.635 | 0.660 |
75 | 0.186 | 0.261 | 0.327 | 0.385 | 0.436 | 0.482 | 0.522 | 0.557 | 0.589 | 0.617 | 0.642 |
76 | 0.177 | 0.249 | 0.313 | 0.370 | 0.419 | 0.464 | 0.503 | 0.539 | 0.570 | 0.598 | 0.624 |
77 | 0.168 | 0.237 | 0.299 | 0.354 | 0.402 | 0.446 | 0.485 | 0.519 | 0.551 | 0.579 | 0.604 |
78 | 0.159 | 0.225 | 0.284 | 0.337 | 0.385 | 0.427 | 0.465 | 0.500 | 0.531 | 0.559 | 0.585 |
79 | 0.150 | 0.214 | 0.270 | 0.321 | 0.367 | 0.409 | 0.446 | 0.480 | 0.510 | 0.538 | 0.564 |
80 | 0.142 | 0.202 | 0.256 | 0.305 | 0.349 | 0.390 | 0.426 | 0.459 | 0.490 | 0.517 | 0.543 |
81 | 0.133 | 0.191 | 0.242 | 0.289 | 0.332 | 0.371 | 0.406 | 0.439 | 0.468 | 0.496 | 0.521 |
Age last birthday of husband or male civil partner | Less than 2.5% | 2.5% or between 2.5% and 3.5% | 3.5% or between 3.5% and 4.5% | 4.5% or between 4.5% and 5.5% | 5.5% or between 5.5% and 6.5% | 6.5% or between 6.5% and 7.5% | 7.5% or between 7.5% and 8.5% | 8.5% or between 8.5% and 9.5% | 9.5% or between 9.5% and 10.5% | 10.5% or between 10.5% and 11.5% | 11.5% or more |
---|---|---|---|---|---|---|---|---|---|---|---|
82 | 0.125 | 0.179 | 0.228 | 0.273 | 0.314 | 0.352 | 0.386 | 0.418 | 0.447 | 0.473 | 0.498 |
83 | 0.117 | 0.168 | 0.215 | 0.257 | 0.297 | 0.333 | 0.366 | 0.397 | 0.425 | 0.451 | 0.475 |
84 | 0.109 | 0.157 | 0.201 | 0.242 | 0.279 | 0.314 | 0.346 | 0.376 | 0.403 | 0.429 | 0.453 |
85 | 0.102 | 0.147 | 0.188 | 0.227 | 0.262 | 0.296 | 0.326 | 0.355 | 0.381 | 0.406 | 0.429 |
86 | 0.095 | 0.137 | 0.176 | 0.212 | 0.246 | 0.278 | 0.307 | 0.334 | 0.360 | 0.384 | 0.406 |
87 | 0.088 | 0.127 | 0.164 | 0.198 | 0.230 | 0.260 | 0.288 | 0.314 | 0.339 | 0.362 | 0.384 |
88 | 0.081 | 0.118 | 0.152 | 0.185 | 0.215 | 0.243 | 0.270 | 0.295 | 0.318 | 0.340 | 0.362 |
89 | 0.075 | 0.110 | 0.142 | 0.172 | 0.200 | 0.227 | 0.252 | 0.276 | 0.299 | 0.320 | 0.340 |
90 | 0.070 | 0.102 | 0.132 | 0.160 | 0.187 | 0.212 | 0.236 | 0.259 | 0.280 | 0.301 | 0.320 |
91 | 0.065 | 0.094 | 0.122 | 0.149 | 0.174 | 0.198 | 0.221 | 0.242 | 0.263 | 0.282 | 0.301 |
92 | 0.060 | 0.088 | 0.114 | 0.139 | 0.162 | 0.185 | 0.207 | 0.227 | 0.247 | 0.265 | 0.283 |
93 | 0.056 | 0.082 | 0.106 | 0.130 | 0.152 | 0.173 | 0.194 | 0.213 | 0.231 | 0.249 | 0.266 |
94 | 0.052 | 0.076 | 0.099 | 0.121 | 0.142 | 0.162 | 0.181 | 0.200 | 0.217 | 0.234 | 0.251 |
95 | 0.048 | 0.071 | 0.092 | 0.113 | 0.133 | 0.152 | 0.170 | 0.188 | 0.204 | 0.221 | 0.236 |
96 | 0.045 | 0.066 | 0.086 | 0.106 | 0.124 | 0.143 | 0.160 | 0.176 | 0.192 | 0.208 | 0.223 |
97 | 0.042 | 0.062 | 0.081 | 0.099 | 0.117 | 0.134 | 0.150 | 0.166 | 0.181 | 0.196 | 0.210 |
98 | 0.039 | 0.058 | 0.075 | 0.093 | 0.109 | 0.125 | 0.141 | 0.156 | 0.170 | 0.184 | 0.198 |
99 | 0.037 | 0.054 | 0.071 | 0.087 | 0.102 | 0.118 | 0.132 | 0.146 | 0.160 | 0.173 | 0.186 |
100 and over | 0.034 | 0.050 | 0.066 | 0.081 | 0.096 | 0.110 | 0.124 | 0.137 | 0.150 | 0.163 | 0.175 |
Age last birthday of wife or female civil partner | Less than 2.5% | 2.5% or between 2.5% and 3.5% | 3.5% or between 3.5% and 4.5% | 4.5% or between 4.5% and 5.5% | 5.5% or between 5.5% and 6.5% | 6.5% or between 6.5% and 7.5% | 7.5% or between 7.5% and 8.5% | 8.5% or between 8.5% and 9.5% | 9.5% or between 9.5% and 10.5% | 10.5% or between 10.5% and 11.5% | 11.5% or more |
---|---|---|---|---|---|---|---|---|---|---|---|
16 | 0.650 | 0.779 | 0.851 | 0.892 | 0.916 | 0.929 | 0.937 | 0.942 | 0.944 | 0.946 | 0.947 |
17 | 0.645 | 0.775 | 0.848 | 0.890 | 0.914 | 0.928 | 0.936 | 0.941 | 0.944 | 0.946 | 0.947 |
18 | 0.640 | 0.771 | 0.845 | 0.888 | 0.912 | 0.927 | 0.936 | 0.941 | 0.944 | 0.946 | 0.947 |
19 | 0.636 | 0.767 | 0.842 | 0.885 | 0.911 | 0.926 | 0.935 | 0.940 | 0.944 | 0.946 | 0.947 |
20 | 0.631 | 0.762 | 0.838 | 0.883 | 0.909 | 0.925 | 0.934 | 0.940 | 0.943 | 0.945 | 0.947 |
21 | 0.626 | 0.758 | 0.835 | 0.880 | 0.907 | 0.923 | 0.933 | 0.939 | 0.943 | 0.945 | 0.947 |
22 | 0.621 | 0.753 | 0.831 | 0.878 | 0.905 | 0.922 | 0.932 | 0.938 | 0.942 | 0.945 | 0.946 |
23 | 0.615 | 0.749 | 0.828 | 0.875 | 0.903 | 0.921 | 0.931 | 0.938 | 0.942 | 0.944 | 0.946 |
24 | 0.610 | 0.744 | 0.824 | 0.872 | 0.901 | 0.919 | 0.930 | 0.937 | 0.941 | 0.944 | 0.946 |
25 | 0.605 | 0.739 | 0.820 | 0.869 | 0.899 | 0.917 | 0.929 | 0.936 | 0.941 | 0.944 | 0.946 |
26 | 0.599 | 0.734 | 0.816 | 0.866 | 0.897 | 0.916 | 0.928 | 0.935 | 0.940 | 0.943 | 0.945 |
27 | 0.594 | 0.729 | 0.812 | 0.863 | 0.894 | 0.914 | 0.926 | 0.934 | 0.939 | 0.943 | 0.945 |
28 | 0.588 | 0.724 | 0.807 | 0.859 | 0.892 | 0.912 | 0.925 | 0.933 | 0.939 | 0.942 | 0.945 |
29 | 0.582 | 0.719 | 0.803 | 0.856 | 0.889 | 0.910 | 0.924 | 0.932 | 0.938 | 0.942 | 0.944 |
30 | 0.577 | 0.713 | 0.798 | 0.852 | 0.886 | 0.908 | 0.922 | 0.931 | 0.937 | 0.941 | 0.944 |
31 | 0.571 | 0.708 | 0.794 | 0.848 | 0.883 | 0.906 | 0.920 | 0.930 | 0.936 | 0.940 | 0.943 |
32 | 0.565 | 0.702 | 0.789 | 0.844 | 0.880 | 0.903 | 0.919 | 0.929 | 0.935 | 0.940 | 0.943 |
33 | 0.559 | 0.696 | 0.784 | 0.840 | 0.877 | 0.901 | 0.917 | 0.927 | 0.934 | 0.939 | 0.942 |
Age last birthday of wife or female civil partner | Less than 2.5% | 2.5% or between 2.5% and 3.5% | 3.5% or between 3.5% and 4.5% | 4.5% or between 4.5% and 5.5% | 5.5% or between 5.5% and 6.5% | 6.5% or between 6.5% and 7.5% | 7.5% or between 7.5% and 8.5% | 8.5% or between 8.5% and 9.5% | 9.5% or between 9.5% and 10.5% | 10.5% or between 10.5% and 11.5% | 11.5% or more |
---|---|---|---|---|---|---|---|---|---|---|---|
34 | 0.552 | 0.690 | 0.778 | 0.836 | 0.874 | 0.898 | 0.915 | 0.926 | 0.933 | 0.938 | 0.941 |
35 | 0.546 | 0.684 | 0.773 | 0.832 | 0.870 | 0.896 | 0.913 | 0.924 | 0.932 | 0.937 | 0.941 |
36 | 0.540 | 0.678 | 0.767 | 0.827 | 0.866 | 0.893 | 0.910 | 0.922 | 0.930 | 0.936 | 0.940 |
37 | 0.533 | 0.671 | 0.762 | 0.822 | 0.862 | 0.890 | 0.908 | 0.920 | 0.929 | 0.935 | 0.939 |
38 | 0.527 | 0.664 | 0.756 | 0.817 | 0.858 | 0.886 | 0.905 | 0.918 | 0.927 | 0.934 | 0.938 |
39 | 0.520 | 0.658 | 0.750 | 0.812 | 0.854 | 0.883 | 0.902 | 0.916 | 0.926 | 0.932 | 0.937 |
40 | 0.513 | 0.651 | 0.743 | 0.807 | 0.849 | 0.879 | 0.900 | 0.914 | 0.924 | 0.931 | 0.936 |
41 | 0.506 | 0.644 | 0.737 | 0.801 | 0.845 | 0.875 | 0.896 | 0.911 | 0.922 | 0.929 | 0.935 |
42 | 0.499 | 0.636 | 0.730 | 0.795 | 0.840 | 0.871 | 0.893 | 0.909 | 0.920 | 0.927 | 0.933 |
43 | 0.492 | 0.629 | 0.723 | 0.789 | 0.835 | 0.867 | 0.890 | 0.906 | 0.917 | 0.926 | 0.932 |
44 | 0.485 | 0.621 | 0.716 | 0.783 | 0.829 | 0.862 | 0.886 | 0.903 | 0.915 | 0.924 | 0.930 |
45 | 0.477 | 0.613 | 0.708 | 0.776 | 0.823 | 0.858 | 0.882 | 0.899 | 0.912 | 0.921 | 0.928 |
46 | 0.470 | 0.605 | 0.701 | 0.769 | 0.817 | 0.852 | 0.878 | 0.896 | 0.909 | 0.919 | 0.926 |
47 | 0.462 | 0.597 | 0.693 | 0.762 | 0.811 | 0.847 | 0.873 | 0.892 | 0.906 | 0.916 | 0.924 |
48 | 0.454 | 0.589 | 0.685 | 0.754 | 0.805 | 0.841 | 0.868 | 0.888 | 0.902 | 0.913 | 0.922 |
49 | 0.447 | 0.580 | 0.676 | 0.747 | 0.798 | 0.835 | 0.863 | 0.883 | 0.899 | 0.910 | 0.919 |
50 | 0.439 | 0.572 | 0.668 | 0.739 | 0.791 | 0.829 | 0.858 | 0.879 | 0.895 | 0.907 | 0.916 |
51 | 0.431 | 0.563 | 0.659 | 0.730 | 0.783 | 0.823 | 0.852 | 0.874 | 0.891 | 0.903 | 0.913 |
52 | 0.422 | 0.553 | 0.650 | 0.722 | 0.775 | 0.816 | 0.846 | 0.868 | 0.886 | 0.899 | 0.910 |
53 | 0.414 | 0.544 | 0.640 | 0.713 | 0.767 | 0.808 | 0.839 | 0.863 | 0.881 | 0.895 | 0.906 |
54 | 0.406 | 0.534 | 0.631 | 0.703 | 0.758 | 0.800 | 0.832 | 0.857 | 0.876 | 0.890 | 0.902 |
55 | 0.397 | 0.525 | 0.620 | 0.694 | 0.749 | 0.792 | 0.825 | 0.850 | 0.870 | 0.885 | 0.897 |
56 | 0.388 | 0.515 | 0.610 | 0.684 | 0.740 | 0.784 | 0.817 | 0.843 | 0.864 | 0.880 | 0.893 |
57 | 0.379 | 0.504 | 0.600 | 0.673 | 0.730 | 0.775 | 0.809 | 0.836 | 0.857 | 0.874 | 0.888 |
Age last birthday of wife or female civil partner | Less than 2.5% | 2.5% or between 2.5% and 3.5% | 3.5% or between 3.5% and 4.5% | 4.5% or between 4.5% and 5.5% | 5.5% or between 5.5% and 6.5% | 6.5% or between 6.5% and 7.5% | 7.5% or between 7.5% and 8.5% | 8.5% or between 8.5% and 9.5% | 9.5% or between 9.5% and 10.5% | 10.5% or between 10.5% and 11.5% | 11.5% or more |
---|---|---|---|---|---|---|---|---|---|---|---|
58 | 0.371 | 0.494 | 0.589 | 0.663 | 0.720 | 0.765 | 0.800 | 0.828 | 0.850 | 0.868 | 0.882 |
59 | 0.361 | 0.483 | 0.577 | 0.652 | 0.709 | 0.755 | 0.791 | 0.820 | 0.843 | 0.861 | 0.876 |
60 | 0.352 | 0.472 | 0.566 | 0.640 | 0.698 | 0.745 | 0.782 | 0.811 | 0.835 | 0.854 | 0.869 |
61 | 0.343 | 0.461 | 0.554 | 0.628 | 0.687 | 0.734 | 0.771 | 0.802 | 0.826 | 0.846 | 0.862 |
62 | 0.334 | 0.450 | 0.542 | 0.616 | 0.675 | 0.722 | 0.761 | 0.792 | 0.817 | 0.837 | 0.854 |
63 | 0.324 | 0.438 | 0.529 | 0.603 | 0.662 | 0.710 | 0.749 | 0.781 | 0.807 | 0.828 | 0.846 |
64 | 0.315 | 0.427 | 0.517 | 0.590 | 0.649 | 0.698 | 0.737 | 0.770 | 0.797 | 0.819 | 0.837 |
65 | 0.305 | 0.415 | 0.504 | 0.577 | 0.636 | 0.685 | 0.725 | 0.758 | 0.786 | 0.808 | 0.828 |
66 | 0.295 | 0.403 | 0.490 | 0.563 | 0.622 | 0.671 | 0.712 | 0.746 | 0.774 | 0.797 | 0.817 |
67 | 0.286 | 0.391 | 0.477 | 0.549 | 0.608 | 0.657 | 0.698 | 0.732 | 0.761 | 0.786 | 0.806 |
68 | 0.276 | 0.378 | 0.463 | 0.534 | 0.593 | 0.642 | 0.684 | 0.719 | 0.748 | 0.773 | 0.795 |
69 | 0.266 | 0.366 | 0.449 | 0.519 | 0.578 | 0.627 | 0.669 | 0.704 | 0.734 | 0.760 | 0.782 |
70 | 0.256 | 0.353 | 0.435 | 0.504 | 0.562 | 0.611 | 0.653 | 0.689 | 0.720 | 0.746 | 0.769 |
71 | 0.246 | 0.340 | 0.420 | 0.488 | 0.545 | 0.595 | 0.637 | 0.673 | 0.704 | 0.731 | 0.754 |
72 | 0.236 | 0.327 | 0.405 | 0.472 | 0.529 | 0.578 | 0.620 | 0.656 | 0.688 | 0.715 | 0.739 |
73 | 0.226 | 0.314 | 0.390 | 0.455 | 0.512 | 0.560 | 0.602 | 0.639 | 0.671 | 0.698 | 0.723 |
74 | 0.216 | 0.301 | 0.375 | 0.439 | 0.494 | 0.542 | 0.584 | 0.621 | 0.653 | 0.681 | 0.706 |
75 | 0.206 | 0.288 | 0.359 | 0.422 | 0.476 | 0.524 | 0.565 | 0.602 | 0.634 | 0.662 | 0.688 |
76 | 0.196 | 0.275 | 0.344 | 0.404 | 0.457 | 0.504 | 0.546 | 0.582 | 0.614 | 0.643 | 0.669 |
77 | 0.186 | 0.262 | 0.328 | 0.387 | 0.439 | 0.485 | 0.526 | 0.562 | 0.594 | 0.623 | 0.649 |
78 | 0.176 | 0.248 | 0.312 | 0.369 | 0.420 | 0.465 | 0.505 | 0.541 | 0.573 | 0.602 | 0.628 |
79 | 0.166 | 0.235 | 0.296 | 0.351 | 0.400 | 0.444 | 0.484 | 0.519 | 0.551 | 0.580 | 0.606 |
80 | 0.156 | 0.222 | 0.281 | 0.334 | 0.381 | 0.424 | 0.462 | 0.497 | 0.529 | 0.557 | 0.583 |
81 | 0.147 | 0.209 | 0.265 | 0.316 | 0.361 | 0.403 | 0.440 | 0.474 | 0.506 | 0.534 | 0.560 |
Age last birthday of wife or female civil partner | Less than 2.5% | 2.5% or between 2.5% and 3.5% | 3.5% or between 3.5% and 4.5% | 4.5% or between 4.5% and 5.5% | 5.5% or between 5.5% and 6.5% | 6.5% or between 6.5% and 7.5% | 7.5% or between 7.5% and 8.5% | 8.5% or between 8.5% and 9.5% | 9.5% or between 9.5% and 10.5% | 10.5% or between 10.5% and 11.5% | 11.5% or more |
---|---|---|---|---|---|---|---|---|---|---|---|
82 | 0.138 | 0.197 | 0.250 | 0.298 | 0.342 | 0.382 | 0.418 | 0.451 | 0.482 | 0.510 | 0.536 |
83 | 0.129 | 0.184 | 0.234 | 0.280 | 0.322 | 0.361 | 0.396 | 0.428 | 0.458 | 0.485 | 0.511 |
84 | 0.120 | 0.172 | 0.219 | 0.263 | 0.303 | 0.340 | 0.374 | 0.405 | 0.434 | 0.461 | 0.486 |
85 | 0.111 | 0.160 | 0.205 | 0.246 | 0.284 | 0.320 | 0.352 | 0.382 | 0.410 | 0.436 | 0.460 |
86 | 0.103 | 0.149 | 0.191 | 0.230 | 0.266 | 0.299 | 0.330 | 0.359 | 0.386 | 0.411 | 0.435 |
87 | 0.095 | 0.138 | 0.177 | 0.214 | 0.248 | 0.280 | 0.309 | 0.337 | 0.363 | 0.387 | 0.410 |
88 | 0.088 | 0.127 | 0.164 | 0.198 | 0.230 | 0.261 | 0.289 | 0.315 | 0.340 | 0.363 | 0.385 |
89 | 0.081 | 0.118 | 0.152 | 0.184 | 0.214 | 0.242 | 0.269 | 0.294 | 0.318 | 0.340 | 0.361 |
90 | 0.075 | 0.109 | 0.140 | 0.170 | 0.199 | 0.225 | 0.251 | 0.274 | 0.297 | 0.318 | 0.338 |
91 | 0.069 | 0.100 | 0.130 | 0.158 | 0.184 | 0.210 | 0.233 | 0.256 | 0.277 | 0.297 | 0.317 |
92 | 0.063 | 0.093 | 0.120 | 0.146 | 0.171 | 0.195 | 0.217 | 0.238 | 0.259 | 0.278 | 0.297 |
93 | 0.059 | 0.086 | 0.111 | 0.136 | 0.159 | 0.181 | 0.202 | 0.222 | 0.242 | 0.260 | 0.278 |
94 | 0.054 | 0.079 | 0.103 | 0.126 | 0.148 | 0.169 | 0.189 | 0.207 | 0.226 | 0.243 | 0.260 |
95 | 0.050 | 0.073 | 0.096 | 0.117 | 0.137 | 0.157 | 0.176 | 0.194 | 0.211 | 0.228 | 0.244 |
96 | 0.046 | 0.068 | 0.089 | 0.109 | 0.128 | 0.146 | 0.164 | 0.181 | 0.197 | 0.213 | 0.228 |
97 | 0.043 | 0.063 | 0.083 | 0.101 | 0.119 | 0.137 | 0.153 | 0.169 | 0.185 | 0.200 | 0.214 |
98 | 0.040 | 0.059 | 0.077 | 0.094 | 0.111 | 0.127 | 0.143 | 0.158 | 0.173 | 0.187 | 0.201 |
99 | 0.037 | 0.055 | 0.071 | 0.088 | 0.104 | 0.119 | 0.134 | 0.148 | 0.162 | 0.175 | 0.188 |
100 and over | 0.034 | 0.051 | 0.066 | 0.082 | 0.097 | 0.111 | 0.125 | 0.138 | 0.152 | 0.164 | 0.177 |
(This note is not part of the Order)
The Administration of Estates Act 1925 provides, at section 46, that where a person dies intestate and is survived by issue or certain other close relatives, the deceased’s estate is charged with the payment of a fixed sum (the statutory legacy) in favour of the deceased’s surviving spouse or civil partner. Following settlement of the statutory legacy, the surviving spouse or civil partner is entitled to take a life interest in one-half of the balance of the residuary estate.
The Administration of Estates Act 1925 further provides, at section 47A, that the surviving spouse or civil partner may elect to redeem the capital value of his or her life interest in the residuary estate. The Intestate Succession (Interest and Capitalisation) Order 1977 (“the 1977 Order”) sets out, at article 3, the rules for calculating the capital value of a life interest for the purposes of a redemption under section 47A, by reference to capitalisation tables in the Schedule to the 1977 Order.
Article 2(1) of this Order amends article 3(2) of the 1977 Order to reflect changes since 1977 in the way that the yields on United Kingdom Government stocks are calculated. “Medium coupon” yields are no longer produced; however the yield figures for fifteen year United Kingdom Government Stocks are published as “FTSE UK Gilt Indices” on the web site of the Financial Times (http://markets.ft.com/ft/markets/researchArchive.asp?report=FTSEG&cat=BR).
Article 2(2) of this Order replaces the tables in the Schedule to the 1977 Order with tables which have been revised to take account of increases in life expectancy and decreases in the yields on Government Stocks.
1925 c. 23. Subsections (3A) and (3B) were inserted by section 28(3) of the Administration of Justice Act 1977 (c. 38).
S.I. 1977/1491, as amended by S.I. 1983/1374 and S.I. 2005/2114.