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Will or no Will?

Hello,
My parent in their 80's is a widower and lives alone in a Council flat.
They haven't got a Will and i wondered what would happen with their savings and pension from their deceased wife?
There is no LPA but they have capacity.
What do you think is best?
Thank you

Comments

  • McKneff
    McKneff Posts: 38,857 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You say your father is a widower, so mother is deceased?
    Then you go on to say 'they'
    Clarify please
    make the most of it, we are only here for the weekend.
    and we will never, ever return.
  • xylophone
    xylophone Posts: 45,915 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I am assuming that the OP is referring to his father and that  Dad is living alone in the Council flat (as there is no mention of a second marriage).

    OP, your father may wish to grant you LPOA (both kinds) so that you can deal with his affairs if the need arises, if he becomes ill for example or simply prefers to have you manage his bank accounts. 

    An LPOA ends on death.

    If your father is receiving a pension from your mother's former employer, this will end with his death.

    He should make a will to cover such things as where he would like his savings/possessions to go after he dies.

    If there is no will (he dies intestate) see the rules of intestacy here.

    https://www.gov.uk/inherits-someone-dies-without-will

  • Sorry my post wasn't clear.
    However Xylophone your response is what i was wondering and helpful. I will read the link. Thank you all for your responses. 
  • Keep_pedalling
    Keep_pedalling Posts: 22,503 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Apart from a will your father should definitely put LPAs in place. 
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