Replies - In Chronological Order ( Show Newest Messages First)
zico
1:18 Thu Mar 28
Re: Making a will
|
Just updated mine funnily enough. Also got my Lasting Powers of Attorney checked (Property & Financial Affairs and Health & Welfare) In all seriousness I would advise anyone to talk to their parents about this and sort LPA's for yourself because when my late mum got ill with dementia in 2019 I was her POA and dealing with her affairs with a POA was hard enough, it's extremely difficult without them.
|
,
1:20 Thu Mar 28
Re: Making a will
|
One important advantage of making a Will is that you can ensure who does not benefit from your estate.
|
Oh dear
1:28 Thu Mar 28
Re: Making a will
|
, 1:20 Thu Mar 28
You can try to ensure "who doesn't benefit" from your Estate, but the State are listening to claims from siblings that don't benefit quite as much as others.
The States view is the sibling that is left without will need to claim more benefits as they age.
Not that I agree with it, but there you go.
|
,
1:51 Thu Mar 28
Re: Making a will
|
Oh dear, the hard done by sibling has to prove that they have severe financial hardship such that their parent would not have wished to neglect their child in that situation. When it happens the Judge might grant the complainant a few grand but nothing like equal share of the estate.
|
Alwaysaniron
1:58 Thu Mar 28
Re: Making a will
|
Get one done.
Not doing so in this day and age is barking! If you are struggling financially you can opt to get a chartiy to write one for you providing you leave them something.
Things can get a bit messy if you've kids from more than one family which is quite common nowadays.
|
Oh dear
2:09 Thu Mar 28
Re: Making a will
|
That isn't as difficult as you are making it sound ,
While Judges may not split the Estate 50/50 the hard done by sibling are getting more
Time will tell
|
zico
2:36 Thu Mar 28
Re: Making a will
|
One other thing I must mention is be careful with who you put down as executors. Mum put down, or was persuaded, by her very expensive solicitor to be both Trustees and Executors and a year later it is all going on with the bill racking up as these buggers charge for every phone call, email to and from, nice work if you can get it! With my new will my solicitor advised me to place my sister and her husband as executors and then if they don't want to deal with it then they can choose a solicitor of choice to perform the day to day running's but they still have control. Some solicitors are crafty, it can be in small print in their T&C's that if you don't nominate an executor they will automatically become the executor. And depending on solicitor they can either charge a time spent basis or anything between 2 and 6 % of the estate I believe.
|
,
3:38 Thu Mar 28
Re: Making a will
|
Zico 2.36, good point.
|
Travelling Iron
3:57 Thu Mar 28
Re: Making a will
|
Everyone should make a Will before they die.
Making one afterwards is very difficult.
|
Kaiser Zoso
4:02 Thu Mar 28
Re: Making a will
|
, wrote...
Re: Making a will
One important advantage of making a Will is that you can ensure who does not benefit from your estate.
Who would have guessed dysfunctional family issues for you, coma?
|
Manuel
6:36 Thu Mar 28
Re: Making a will
|
Do you have to start a new fred every day? You are boring me.
|
Come On You Irons
7:02 Thu Mar 28
Re: Making a will
|
I have a big milestone birthday coming up and it has prompted me to look into doing a will for my son so that he gets all of my wealth (my home which I own mortgage free, my considerable pensions and savings, my car etc.).
I already have a tidy next egg stashed away for him in a cash ISA, stocks and shares ISA and TESP.
|
Side of Ham
7:12 Thu Mar 28
Re: Making a will
|
Enjoy your 70th Come on the Swiss, hopefully you will get to save a bit more for your son on your brass usage lowering with the old libido waining and all that…..
|
Far Cough
7:36 Thu Mar 28
Re: Making a will
|
Hahahaha
|
Leonard Hatred
7:45 Thu Mar 28
Re: Making a will
|
When I said "talk to me" what I actually meant was "furnish me with the cheapest and easiest way of doing it.
Perhaps I should of been more pacific
|
Side of Ham
7:50 Thu Mar 28
Re: Making a will
|
Yes Len, you should be far more ARCTICulate with Manuel…..
|
Come On You Irons
8:32 Thu Mar 28
Re: Making a will
|
As night follows day my stalker Snide of Spam responds to one of my posts calling me Swiss.
The mods will be able to confirm that I am not Swiss.
|
Side of Ham
8:43 Thu Mar 28
Re: Making a will
|
No, shamefully you are English.
|
Stubbo
10:58 Thu Mar 28
Re: Making a will
|
As was explained to me it's important because you can't control what comes after you. E.g.
You die...estate goes to wife.
Wife remarries
New bloke has kids
Bloke's a cunt
Wife dies...estate goes to new bloke.
Bloke cuts your kids out of your estate, and gives it all to his kids.
Proper estate planning avoids shit like this and means the people you want to be recipients, not just in the immediate aftermath but the aftermath of the aftermath, get what you want them to get.
|
J.Riddle
1:15 Fri Mar 29
Re: Making a will
|
No point being the richest man in the graveyard....
|
| 
