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A statutory will is a will made on behalf of a person who lacks mental capacity, authorised by the Court of Protection. It allows the court to make or amend a will to ensure the person’s estate is managed and distributed appropriately, usually based on their known wishes, values, or previous estate planning.
Legal Reference:
- Statutory wills are governed by the Mental Capacity Act 2005, particularly sections relating to best interests decisions and the Court of Protection’s jurisdiction. An application for a statutory will must provide full financial details, medical evidence, and the reasoning behind the proposed distribution.
Sources:
- Wikipedia – https://en.wikipedia.org/wiki/Will_and_testament
- Wikidata – https://www.wikidata.org/wiki/Q155656
- Gov.uk – https://www.gov.uk/apply-statutory-will
- Knowledge Graph – https://www.google.com/search?kgmid=/m/0kblb
- Product Ontology – http://www.productontology.org/id/Will_and_testament
