Inheritance..

foulplay13

tigerfeet2006 wrote: »

Nothing at all, just sometimes something silly gets picked up in a post and we like to have a little fun with it. It helps sometimes to smile when things are getting tough, after all they can't take our sense of humour, even if they try to take everything else.

Sorry to have upset you.

No you haven't I'm a MOD on another forum...

skylight

Football has loads to do with inheritance.

Somewhere..... lol!

foulplay13

Thanks for tonight..


Have a good weekend all (whats left:))




foulplay13

pmg19680

lisamummytoarchieplusbump wrote: »

foulplay dont let the negative posts get to you, its basicly part and parcel of this forum.

Hi foulplay, i totally agree with lisa. you have asked a valid question and one that most (even if not admitted) would like to know the answer to.
I am in a similar situation to you and hoping that the future will be a brighter place with the help of inheritance. At the end of the day this is what life is about and inheritance is a natural thing and a way for a fresh start.
I hope that you manage to sort it out and protect what could be just what you need for a new beginning - good luck

fiveyearplan

Hi foulplay. I agree with you and I would do anything necessary to protect any inheritance. I see nothing wrong with that and I don't expect people to be so judgmental on this forum. I hope your MIL makes a full recovery and lives on for many years.

xocbc

I'm making no comment on the original poster's question - I'm sure I wouldn't have been happy had i received an inheritance whilst BR and it got swallowed up.

However, comments like "what did the author want" etc annoy me - it's irrelevant. If possible, change the will before going BR. If thats not possible just accept that the inheritance will go into the pot.

All of us who go BR are wiping out a mass of debt and start with a clean slate (and hopefully better financial habits) after a year. Foregoing things like our cars or a portion of inheritance is a small price to pay.

Don't think of what you will lose in BR, think of what you gain - no phone calls, no balliffs at the door, no letters and most of all no debt.

fatou256

i think some people need to be reminded of this thread ....

http://forums.moneysavingexpert.com/showthread.html?t=1775487

it was a valid question and this board is not for judgement ... everyone at some point in thier life end up in difficulty of some sort who are we to judge ?

JKSTF1969

Hi, would like some advice on the following:
not sure if this is in the right place to post but
My brother in law passed away two years ago and left his three sons £15000 each and his wife was left £15.000 plus £9,000 cash which was left to make sure she used it for upkeep of the house.
The oldest son got his money straight away as he was over 21, the middle son`s money was put into a trust fund with stipulations that he could not have it until he turned 21 and has been employed for over 12 months, and the youngest son who is 7, his money was also put into a trust until he reached 21, so my wife and my brother in laws wife opened the bank accounts for the two sons and made sure that it needed two signatures to withdraw any money from these accounts.
But for some reason after a year the bank changed the account and put the accounts on via internet banking which both had access to but didn’t realise that either one of them could take the money at any time.
Any way the brother in laws wife phoned us and asked could she borrow £4000 from the youngest sons account which she was told NO as we had to keep to what the will stated.
She has spent the £15,000 and the £9,000 left to her but had spent it all within two years, after she was told no, my wife phoned the bank to get a block on the account which would take 48 hours, but before the bank could block the accounts she had taken all the money out of both accounts, she then put £15,000 into one sons account and said he can have it, but as per his father`s will he is not allowed to have it until he reaches 21 and has been in paid employment for 12 months.
She has taken the other sons money another £15,000 and moved it into her own account and spent some of it.
We have been in touch with the bank to find out how she could have taken this money when it should have been two signatures to get the money, still waiting for the bank to reply.
We have also informed the solicitor who did the will but again waiting for the reply.
What I would like to know should we inform the police that she has stolen this money as what she has done has gone against my brother in laws will.

Jenniefour

Hello JKSTF1969,

I think you need to start a new thread about this on the Deaths, Funerals and Probate board under Marriage, Relationships and Families. Can you copy and re-post it over there? "New Thread" is on top left.

skintandfat

Apologies for your situation


If the will cannot be changed then there may be other options


Do you have any kids?
Can your MIL put the money in a trust when she is alive and of sound mind?


If the money is tied in the house then she could do an equity release (there will be fees but she will release the cash)
The money could be then left in trust for someone younger and bypass you and your wife.


I don't really understand 'absolute' will jargon but I thought one could change a will as long as one was of sound mind.


See a lawyer