Distributing Estate - no will

poppystar

eastcorkram said:

Newly_retired said:

Solicitors do not normally charge to store a will if they have made it. You need to inform your executor where your will is kept or stored. I hope you will have asked your executor if they are willing to be one?

I need to do some homework! Didn't even know about the executor bit. That though, is also going to have to be someone who would know I had died. I'll be 64 this year, and I honestly don't know who could be the executor. I'm , let's say, reclusive!
I'll do some research at the weekend. 

The difficulty of finding an executor is such a common reason why people on their own put off writing a Will. The fall back option is the solicitor who writes the Will but as you say you would have to leave very clear guidance on who that is so that people (whoever they are) would know who to contact if they found you had died. Recluse or not the problem is  the same for all of us who no longer have any family. I have done a Will but despite knowing the importance I’ve not done LPAs - there is simply no one who could or would take on that responsible and potentially onerous task.

Keep_pedalling

poppystar said:

eastcorkram said:

Newly_retired said:

Solicitors do not normally charge to store a will if they have made it. You need to inform your executor where your will is kept or stored. I hope you will have asked your executor if they are willing to be one?

I need to do some homework! Didn't even know about the executor bit. That though, is also going to have to be someone who would know I had died. I'll be 64 this year, and I honestly don't know who could be the executor. I'm , let's say, reclusive!
I'll do some research at the weekend. 

The difficulty of finding an executor is such a common reason why people on their own put off writing a Will. The fall back option is the solicitor who writes the Will but as you say you would have to leave very clear guidance on who that is so that people (whoever they are) would know who to contact if they found you had died. Recluse or not the problem is  the same for all of us who no longer have any family. I have done a Will but despite knowing the importance I’ve not done LPAs - there is simply no one who could or would take on that responsible and potentially onerous task.

The other fall back are the major beneficiaries of your will.

Newly_retired

If you have no family or friends, you could consider leaving your estate to a charity of your choice, and they might be the executors, especially if it is a large charity, not just a small local one.

eastcorkram

Newly_retired said:

If you have no family or friends, you could consider leaving your estate to a charity of your choice, and they might be the executors, especially if it is a large charity, not just a small local one.

So if I die on the way home from work tomorrow, I'm still puzzled as to how the charity find out. 
Anyway. I'll sort something out. Unless the previous comment turns out to be accurate!

boingy

eastcorkram said:

Newly_retired said:

If you have no family or friends, you could consider leaving your estate to a charity of your choice, and they might be the executors, especially if it is a large charity, not just a small local one.

So if I die on the way home from work tomorrow, I'm still puzzled as to how the charity find out. 
Anyway. I'll sort something out. Unless the previous comment turns out to be accurate!

If you feel along the back of your neck you'll find a tiny bump where they inserted the tracking device. Don't have nightmares.

Keep_pedalling

eastcorkram said:

Newly_retired said:

If you have no family or friends, you could consider leaving your estate to a charity of your choice, and they might be the executors, especially if it is a large charity, not just a small local one.

So if I die on the way home from work tomorrow, I'm still puzzled as to how the charity find out. 
Anyway. I'll sort something out. Unless the previous comment turns out to be accurate!

Keep a card in your wallet with people to contact in case of accident or death.

Sarahspangles

eastcorkram said:

Newly_retired said:

If you have no family or friends, you could consider leaving your estate to a charity of your choice, and they might be the executors, especially if it is a large charity, not just a small local one.

So if I die on the way home from work tomorrow, I'm still puzzled as to how the charity find out. 
Anyway. I'll sort something out. Unless the previous comment turns out to be accurate!

Based on what’s happened when elderly friends of my parents have died, eventually someone locates the deceased’s address book and calls their solicitor. So that’s one place to record the location of your Will.

Superb52

RAS said:

Who has told step-dad that he can't pass money to you?

His solicitor. To be honest I don't rate them at all they've made a right mess of his will but at least he has one! 

Superb52

comeandgo said:

Which country are you in?

I'm in the UK

Superb52

Flugelhorn said:

I think husband can do Deed of Variation and pass the money to the children if he is happy to do so 

Thanks. That's what I thought but he just gets so confused with all the legal stuff, I try to help but I don't want to interfere.