We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Property/Will question
reekishawnee
Posts: 15 Forumite
Hi
Unfortunately my mother is quite ill and has limited time. Whilst talking the weekend she informed me about her will and I was name as some beneficiary/executor. Also said that the property listed in the will was her previous house and not the one she moved into 2 years ago. She didn't think this fact would be an issue as there clearly is a paper chain/records linking sale and purchase of previous and current property. Does this matter or should she up date her will to reflect the correct property or will it just take a little longer for the will to be actioned as per her wishes?
Thanks for reading as I do appreciate anyone taking the time.
Phil
Unfortunately my mother is quite ill and has limited time. Whilst talking the weekend she informed me about her will and I was name as some beneficiary/executor. Also said that the property listed in the will was her previous house and not the one she moved into 2 years ago. She didn't think this fact would be an issue as there clearly is a paper chain/records linking sale and purchase of previous and current property. Does this matter or should she up date her will to reflect the correct property or will it just take a little longer for the will to be actioned as per her wishes?
Thanks for reading as I do appreciate anyone taking the time.
Phil
0
Comments
-
reekishawnee wrote: »Unfortunately my mother is quite ill and has limited time. Whilst talking the weekend she informed me about her will and I was name as some beneficiary/executor.
Also said that the property listed in the will was her previous house and not the one she moved into 2 years ago. She didn't think this fact would be an issue as there clearly is a paper chain/records linking sale and purchase of previous and current property.
Does this matter or should she up date her will to reflect the correct property or will it just take a little longer for the will to be actioned as per her wishes?
If she has left the property to someone specific and she no longer owns that property, the legacy will fail.0 -
reekishawnee wrote: »Hi
she informed me about her will and I was name as some beneficiary/executor.
OP, can you check this - do you mean sole beneficiary/executor? Looks like a typo to me.0 -
Yes, I'm the sole beneficiary & executor.0
-
reekishawnee wrote: »Yes, I'm the sole beneficiary & executor.
Are you the only child?0 -
Hi. Thanks for reply. So, what would happen regarding the current property?0
-
reekishawnee wrote: »Hi. Thanks for reply. So, what would happen regarding the current property?
That depends on the exact wording of the will, and if you have any siblings or not.
I can’t see why the will even mentioned the house specifically if you are inheriting everything.0 -
Would your mother let you see the will or a copy? That way you'll know exactly what the wording is.
It would also be worth knowing where the original signed will is so that you don't have to search around at home or at local solicitors when the time comes.0 -
She needs to change the will. Otherwise the house will pass to the residuary beneficiary.reekishawnee wrote: »Hi
Unfortunately my mother is quite ill and has limited time. Whilst talking the weekend she informed me about her will and I was name as some beneficiary/executor. Also said that the property listed in the will was her previous house and not the one she moved into 2 years ago. She didn't think this fact would be an issue as there clearly is a paper chain/records linking sale and purchase of previous and current property. Does this matter or should she up date her will to reflect the correct property or will it just take a little longer for the will to be actioned as per her wishes?
Thanks for reading as I do appreciate anyone taking the time.
Phil0 -
Yorkshireman99 wrote: »She needs to change the will. Otherwise the house will pass to the residuary beneficiary.
Which should be the OP if he is the sole beneficiary but he needs to see the the will to confirm that, although a new will to remove all doubt would be the best option.0 -
Would your mother let you see the will or a copy? That way you'll know exactly what the wording is.
It would also be worth knowing where the original signed will is so that you don't have to search around at home or at local solicitors when the time comes.
^^^^^
Anything else is speculation
eg. it is usual to have clause to cover a change of house if needed but who knows.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.7K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.8K Work, Benefits & Business
- 603.3K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards
