Nice people thread part 4 - sugar and spice and all things

PasturesNew

silvercar wrote: »

Discussion on holiday recently.

If you wake up and its foggy - that is fog.

If you look up at the mountain and it is covered in cloud - that is cloud.

But if you were up the mountain, you would call it fog.

So when does cloud become fog?

Fog is cloud at ground level..... so if you're up the mountain that's your personal ground level, so it's foggy.

PasturesNew

Got a nightmare of a will.... looks straight forward/short ... but it's all legal so can't understand it. Thing is, remaining old has to go into care. Remaining old has enough savings to "just" be self-funding. Then the house will be sold and they get half, meaning enough for self-funding for about 4-5 more years.

But the will (to me) is confusing. The other half seems to have been left to us kids, with us using the money to make sure the remaining old has a home for life.... so, the question is: "is our half ours, to keep safe until the remaining old isn't around", or "is our half technically the remaining old's when it comes to getting funding if they're still around in 6 years when their cash/half the house runs out"?

Here's a quick precis of what it seems to say (some bits I para-phrased, some bits I copied):

"I appoint kids as executrices and trustees.... I give to my trustees all my estate and interest in my property .... upon trust to sell the same and hold the proceeds thereof and the net income until sale for my wife .. for her life provided she survives me by 30 days and she may occupy the property for use as a residence as long as she shall desire ... my trustees shall not exercise the power of sale ... my trustees shall have the power from the net proceeds of sale of the property to purchase or contribute to the purchase retain and improve any freehold or leasehold house or other dwelling for use as a residence for my wife for her life .... "

I will add that the remaining old told us to sell up - they want to go into a flat. They are incapable of maintaining any house and have no wish to stay in this one.

silvercar

"I appoint daughters as executrices and trustees.... I give to my trustees all my estate and interest in my property .the lot... upon trust to sell the same and hold the proceeds thereof sell and hold the moneyand the net income until sale for my wife .. for her life provided she survives me by 30 days and she may occupy the property for use as a residence so you can't sell from under heras long as she shall desire ... my trustees shall not exercise the power of sale ? until she agrees... my trustees shall have the power from the net proceeds of sale of the property to purchase or contribute to the purchase retain and improve any freehold or leasehold house or other dwelling for use as a residence for my wife for her life ...so you can buy the old somewhere to live. "

Does it say what happens if she doesn't need somewhere to live - it suggests that you and sister(s) get the money if she doesn't need to buy a home.

Sounds like on of those will written to ensure that the state has to provide care home.

silvercar

PasturesNew wrote: »

I will add that the remaining old told us to sell up - they want to go into a flat. They are incapable of maintaining any house and have no wish to stay in this one.

Good plan. A quick decision as well, often people find it hard to give up the home so soon.

Would sheltered home be the answer?

PasturesNew

silvercar wrote: »

Does it say what happens if she doesn't need somewhere to live - it suggests that you and sister(s) get the money if she doesn't need to buy a home.

Sounds like on of those will written to ensure that the state has to provide care home.

No it doesn't.

It was written about 20 years ago when things didn't work like that. They also expected the remaining old to go first and nobody would have needs.

PasturesNew

silvercar wrote: »

Would sheltered home be the answer?

Not sure of your definition of a sheltered home, but the remaining old needs a room and ability to make the odd hot drink.... but no cooking for themselves. There are other health/cleanliness issues... and the onset of ga-ga land is suspected/not formally diagnosed.

The remaining old is very frail and so we're looking at their own room but everything else provided. I've got one in mind I'll go look at shortly (I'd go today if I didn't have other stuff to do).

The remaining old hasn't had any new dresses for about 20 years and has no suitable footwear.... they went nowhere, did nothing, had no holidays, no home improvements (furniture, curtains, carpets, decorating, etc) but has been squirrelling a few quid pension money religiously for 15 years.... we had no idea they had so much.

PasturesNew

On the plus side.... it therefore looks like I've inherited a pile of valuable shares .... brilliant .... in Northern Rock

tomterm8

Most wills and trust documents has a section allowing the executor to pay legal fees out of the trust. Maybe half an hour of advice to tell you exactly what you should / should not do as executor makes sense?

From what I can see, it may be possible to sell up now - but until you get probate, you probably can't act to sell up the house yet anyway, unless the trust has been separately set up.

silvercar

Not sure of your definition of a sheltered home, but the remaining old needs a room and ability to make the odd hot drink.... but no cooking for themselves. There are other health/cleanliness issues... and the onset of ga-ga land is suspected/not formally diagnosed.

Then you should go for a care home - no point moving her to sheltered and then finding another move is needed. If you find a home that has a alzheimers unit attached it would be easier to move her over when the time comes. Some homes are reluctant to take alzheimer patients as it puts off other potential residents.

My grandmother was getting confused in the home she was in and they made clear that a move would be required if she deteriorated.

GDB2222

Quote:
Originally Posted by vivatifosi
That's a lovely cake NDG. Isaac must have been thrilled.

neverdespairgirl wrote: »

He was very chuffed indeed.

Chuff-chuffed. Geddit!