Writing a Codicil to a Will

Linda32

Keep_pedalling said:

If you don’t have any suitable family or friends who could act as executors, then your better option is to appoint each other as executors with the solicitor as back-up. Do you have lasting powers of attorney in place? If not that should be near the top of your to do list. 

Thank you we will keep that in mind, going forward.

We have arranged LPA Finance and Health and Wellbeing just this week and are waiting to speak to work colleagues on Monday to ask them if they are willing to sign for us as appropriate.

poppystar

Linda32 said:

I've thought myself this morning, that it would be simpler to write new wills. Detailing what should happen on the second death. I believe our wishes would be different as far as leaving money to Charities etc. Leaving money to family members I think would be similar. 

I think you definitely do need new Wills. At present on second death the intestacy rules would be followed - are those anything like the outcome you would be happy with? I have to say my first Will was made to ensure my estate didn’t go to those who would have inherited under intestacy - a bit of a negative motivator but a strong one. 

Also if your deliberations on this do bring up one person who you would like a significant proportion of the estate to go to maybe think about making them the executor. I feel that would be preferable to appointing solicitors as executors. 

nom_de_plume

As you are not married, the beneficiaries under intestacy would be very different depending upon who dies second, so another vote for complete new Wills here.

getmore4less

Linda32 said:

getmore4less said:

If the will is in digital form no need for codicil just change and reprint get witness

If not digital good time to make it digital.

If your current wills don't cover second death good time for a rethink.

The Wills are on paper, we hold a copy and the Solicitor holds a copy. I've no idea how to make them digital.

This is the problem, they do not cover the second death.

Digital as in word or some other format that gets printed off for signing.

Linda32

poppystar said:

I think you definitely do need new Wills. At present on second death the intestacy rules would be followed - are those anything like the outcome you would be happy with? I have to say my first Will was made to ensure my estate didn’t go to those who would have inherited under intestacy - a bit of a negative motivator but a strong one. 

No, this wouldn't be the outcome I would like at all. A portion yes, but not the whole lot. Assuming I am the second death and anyone younger than me is still alive.

No it isn't the outcome I would want at all. Thank you, a new set of wills is the way forward.

Emmia

Linda32 said:

Keep_pedalling said:

If you don’t have any suitable family or friends who could act as executors, then your better option is to appoint each other as executors with the solicitor as back-up. Do you have lasting powers of attorney in place? If not that should be near the top of your to do list. 

Thank you we will keep that in mind, going forward.

We have arranged LPA Finance and Health and Wellbeing just this week and are waiting to speak to work colleagues on Monday to ask them if they are willing to sign for us as appropriate.

Just to double check, the reference to "colleagues signing" isn't in relation doing some sort of DIY will?

Please go to a proper solicitors for this - the "plush ones" in town might not actually be as expensive as you fear.

Linda32

No not at all. It is the Certificate Provider for the LPA's

The only thing we have done DIY at the moment is LPA's Finance and Health and Wellbeing through Gov.uk