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Wills /Rant

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Comments

  • toniq
    toniq Posts: 29,340 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Our will states if we die together as a family, then last chance dog rescue gets the lot.

    If one of us outlive the other, no new partner can inherit our house, it all goes to our kids.
    #JusticeForGrenfell
  • NarkT_Ov
    NarkT_Ov Posts: 61 Forumite
    paddy's_mum wrote: »
    It sounds as though you have a more serious problem on your hands than who-gets-what-percentage.

    Yup

    Considering it due her response :mad:
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    The key term you need to look up is Commorientes.

    With intestate a 28day survivor clause is the default for spouse/civil partners.

    The rules are different for IHT and joint property so it can get complicated.
  • DigForVictory
    DigForVictory Posts: 12,177 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Ye Gods. Making a Will can be stressful enough without having to wonder if a relative will leave your life support switched on just long enough to get their percentage. Disaster clause indeed!
    <Trots off to annotate the ADNR>

    If you would live a quiet life, agree with Herself, and make another Will next week.
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Does she realise if she dies, then your son, then you - your brother gets the lot?
  • NarkT_Ov
    NarkT_Ov Posts: 61 Forumite
    getmore4less wrote: »
    Does she realise if she dies, then your son, then you - your brother gets the lot?

    Probably not but then neither did I

    Think we have reached a solution though.
This discussion has been closed.
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