Beneficiaries / will in trust

Grumpy_chap

It would not be uncommon for the property (house) to be left with the life-time interest benefitting your father but for money in the bank and other assets to be treated differently.

poppystar

Is it the original will your father has or a copy? If it’s a copy and the original is lodged with the solicitor who drew it up then as executors you and your sister should be able to get the original by approaching the solicitor directly.

wilfred30

mighty_hammers said:

If only I could remember exactly. I  Will try and get a photo.  It stated we were the  beneficiaries, of her share of the property to be held in trust, and I assume any money. Problem is my father is nearer 88, and unsteady in his thinking. Saying different things very day. 

I don't think you can assume that.
You don't say whether they were married but, if they were, leaving aside the issue of the house, I would've thought that your father would inherit all of your mother's money.

p00hsticks

wilfred30 said:

mighty_hammers said:

If only I could remember exactly. I  Will try and get a photo.  It stated we were the  beneficiaries, of her share of the property to be held in trust, and I assume any money. Problem is my father is nearer 88, and unsteady in his thinking. Saying different things very day. 

I don't think you can assume that.
You don't say whether they were married but, if they were, leaving aside the issue of the house, I would've thought that your father would inherit all of your mother's money.

It will depend on how the money is held - money in a joint account automatically goes to the surviving person when one party dies. If the money is held in an account that is just in the name of the deceased, then it will form part of their estate and be distributed accourding to the will (or if there is no willl, the intestacy rules).

(I can't recall if it the country in question has been mentioned eariler in the thread but I'm assuming we're talking about England or Wales here).