Author: TobyJDodd(Devotee)Registered Tax Professional 27 Oct 2023
Hi @Louisa66
In Victoria, If the deceased died without a valid will (intestate). The distribution of the estate is governed by a statutory scheme.
The LPR does not have the power to vary that.
I note that, where the deceased leaves a spouse and they had children with that person only, the partner takes the whole of the deceased’s estate. The children do not have a separate entitlement
There is nothing to stop the spouse gifting their share to the adult kids after they get it.
I also note that, whilst most inheritances are tax free, there are some assets that are not. The main situation is when the assets of the deceased include a superannuation benefit and that benefit is paid to a non dependant beneficiary. (But that’s outside the scope of your question)
Toby