Over 50s MoneySaving

Discussion List

• Beneficiary dies before testator ?

  If a beneficiary dies before the testator and the beneficiary was one of 4 beneficiaries all left equal proportion of an estate , does that 1/4 go to the remaining beneficiaries, or to the next of kin of the deceased beneficiary ? There is no wording in the will what should happen in this scenario. Just I leave my estate…

• Mortgage coming to an end, too old to get new finance, wants to transfer property to kids

  Asking for my sister. Basically, their BTL mortgage term is coming to an end, and my sister's husband is too old to get new finance. They really want to transfer the property to their kids as the kids are now earning well and can take over the mortgage. It appears from other posts on this site that CGT is payable on a gift…

• Open University, Student Loan, Pension and Work Income

  Hi, I'm looking to fund Open University study with a student loan. My situation is that I am 58, in receipt of an occupational pension and have income from employment, my wife also has a job. So both during my course and after I will have a total income over the earnings threshold for repayment of the loan. My questions…

• Winter Fuel Allowance

  Bit early I know but I have recently split with my partner so want to ensure that I get the full amount this year who do I need to tell that I am now a single person household or do HMRC pick this up from Local Authority. Have tried searching online and couldn't fine any answers so wondering is someone knowledgeable on…

• Over 60's goodies!

  Hi all, I know I can have a Senior railcard (and I do) and a bus pass plus state pension @ 66, (I'm 64 now) - what other jolly fine bits am I entitled to?

• Top Cashback Support

  I have been a happy member of Top Cash Back for some 4 years now. However, since around the middle of March, I have had a couple of issues which I am sure TCB can resolve, if only I can get in touch. TCB have not been allowing the ability to raise a "Support Ticket" for some while, and their FAQs don't help (me, I hasten…

• FIL Mid 80's

  My FIL is selling his current house and downsizing. He is a higher rate pensioner so living off his pension is not an issue on a day to day basis. However he will have approx £200-£250k to invest once the house sale goes through. He doesnt want anything complex and I was thinking of premimum bonds at £50k as one option. He…

• Revising my will

  I need to revise my will. It seems simple, but I am really struggling with the basics and would appreciate your comments: Who did you choose as executor(s) solicitor / family / other? How did you decide which family members get what? Have you included a charitable donation(s)? Many Thanks o:)