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does dad really need a will ?

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  • ampersand
    ampersand Posts: 9,671 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    op - check here.
    http://freewillsmonth.org.uk/

    You should be able to find a local charity that [a] feels right for you both is allying itself to the scheme.

    October gives you time to have the main points thought out and set down.
    CAP[UK]for FREE EXPERT DEBT &BUDGET HELP:
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  • BJV
    BJV Posts: 2,535 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I understand that thinking about making a will is not nice. But I am sure that the very last thing your dad would want is for you to be left with a lot of hassle or heart ache. He must have worked hard to be able to have that amount and again am sure that he would want you to benefit.


    Please make sure he makes a will losing someone is bad enough with having to go through the extra legal stuff not having a will might add.
    Happiness, Health and Wealth in that order please!:A
  • zygurat789
    zygurat789 Posts: 4,263 Forumite
    Part of the Furniture Combo Breaker
    I leave all my assets to gele

    signed Dad ...................

    Witnessed by .....................

    AIUI this will sufice as a legal will
    The only thing that is constant is change.
  • missbiggles1
    missbiggles1 Posts: 17,481 Forumite
    10,000 Posts Combo Breaker
    zygurat789 wrote: »
    I leave all my assets to gele

    signed Dad ...................

    Witnessed by .....................

    AIUI this will sufice as a legal will

    But this is no help if gele goes under a bus the next day.
  • philip1988
    philip1988 Posts: 168 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    zygurat789 wrote: »
    I leave all my assets to gele

    signed Dad ...................

    Witnessed by .....................

    AIUI this will sufice as a legal will

    And dated as well
  • zygurat789
    zygurat789 Posts: 4,263 Forumite
    Part of the Furniture Combo Breaker
    edited 23 August 2014 at 10:00AM
    But this is no help if gele goes under a bus the next day.

    No, but will gele need help in that case?
    Of course you can build in other options.

    Oh shouldn't that be Miss Worrals?
    The only thing that is constant is change.
  • Mojisola
    Mojisola Posts: 35,571 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    zygurat789 wrote: »
    I leave all my assets to gele

    signed Dad ...................

    Witnessed by .....................

    AIUI this will sufice as a legal will

    Witnessed by two people if in England or Wales.
  • Mojisola
    Mojisola Posts: 35,571 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    zygurat789 wrote: »
    I leave all my assets to gele

    signed Dad ...................

    Witnessed by .....................

    AIUI this will sufice as a legal will

    Naming an executor would be a good idea.
  • JJ_Egan
    JJ_Egan Posts: 20,281 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Probate asked for a will as did Mums building society and bank account .Executer of the will have had to pay back DWP pension paid out the week after death . Just received a letter from DWP Estates checking on deceased assets . Inland Revenue also run a check .
    So yes a will and keep records of all transactions .
    For a small estate you can do Probate yourself as executer if you have a will .It takes time to sort but is not that difficult .

    Doubt if you would get your hands on the £50k savings without a will as their would be no proof of intention .
  • zygurat789
    zygurat789 Posts: 4,263 Forumite
    Part of the Furniture Combo Breaker
    JJ_Egan wrote: »
    Probate asked for a will as did Mums building society and bank account .Executer of the will have had to pay back DWP pension paid out the week after death . Just received a letter from DWP Estates checking on deceased assets . Inland Revenue also run a check .
    So yes a will and keep records of all transactions .
    For a small estate you can do Probate yourself as executer if you have a will .It takes time to sort but is not that difficult .

    Doubt if you would get your hands on the £50k savings without a will as their would be no proof of intention .

    When there is no will, which obviously happens quite a lot, there are procedures which enable a relative to take out "letters of administration".
    Once these have been granted the holder is then, effectively, the executor and will be recognised as such by all financial corporations.
    It really is no big deal not having a will in a simply case, however, the more relatives and the more money the more sensible it is to make a will.
    I have seen to much money go in the wrong (in the eyes of the deceased) direction just because the will had not been made in time.
    The only thing that is constant is change.
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