Anyone on here know about UK Law and Wills?

I know this much (below) but I have some questions:

Is a pension included in the first ?250K?

The husband, wife or civil partner keeps all the assets (including property), up to ?250,000. They also keep all the person's personal possessions, whatever their value. The remainder of the estate is divided in half:

one half to the husband, wife or civil partner
the other half shared between their children (or their descendants)*
The husband, wife or civil partner gets interest only on their half during their lifetime. When they die, the capital is then shared between their children.

*If one (or more) of the children has already died, their children will inherit in their parent?s place.

Posted By: Larry Hagman, Feb 15, 14:26:34