Any Success stories? Everything finally sorted after family "go rogue"

RAS

Ganga said:

Sea_Shell said:

No success stories to report?

So many threads left hanging... fingers crossed they are successfully resolved.

I used to follow a thread on this site where a young girl was left an inheritance but could not get one of the relatives to release the money , ( people were saying the family member had spent the money ) the thread went on or a long time but cannot remember what the final outcome was

If it's the one I recall, the trustee/executor had spent the funds.

Sea_Shell

RAS said:

Ganga said:

Sea_Shell said:

No success stories to report?

So many threads left hanging... fingers crossed they are successfully resolved.

I used to follow a thread on this site where a young girl was left an inheritance but could not get one of the relatives to release the money , ( people were saying the family member had spent the money ) the thread went on or a long time but cannot remember what the final outcome was

If it's the one I recall, the trustee/executor had spent the funds.

We're probably thinking of same one.

Trustee gambled it all away, then died. ☹️

One of the saddest threads I've ever read.

Spendless

Sea_Shell said:

RAS said:

Ganga said:

Sea_Shell said:

No success stories to report?

So many threads left hanging... fingers crossed they are successfully resolved.

I used to follow a thread on this site where a young girl was left an inheritance but could not get one of the relatives to release the money , ( people were saying the family member had spent the money ) the thread went on or a long time but cannot remember what the final outcome was

If it's the one I recall, the trustee/executor had spent the funds.

We're probably thinking of same one.

Trustee gambled it all away, then died. ☹️

One of the saddest threads I've ever read.

That one 'lives' with me too. The executor spent the funds, then gambled to try and replace them and as expected didn't succeed. It became part of a police enquiry and said executor died before any conclusion.

The OP's child was the same age as my DD and mine was on the brink of taking a privately funded educational course and I kept thinking of how we'd feel if it has been us and we'd been banking on the money to support this only to find it was gone. 

pjs493

I’ve not got an update on the case in my extended family where a cousin’s husband is one of four siblings. Two from marriage one, two from marriage two (cousin in law is from this marriage, none from marriage three (although wife number three has a child from a previous marriage). 

Wives one and two died when their children were still minors (be from cancer, one in a car crash). All children are now grown up, some with children of their own. The father died in old age from a long running illness. 

A child from marriage one stole a bunch of valuable stuff from the house after the father died while wife three was out making funeral arrangements. Wife is also executor. She reported the theft to police after various people trying to reason with her to return the items failed. 

All I’ve heard recently is that the police investigation is ongoing and that they’ve considered it a ‘complicated’ case. Everyone is just wishing the items will be returned so everyone can move one and grieve. I believe wife three will drop the charges if the items are returned, but feels morally obliged as executor to do all she can to ensure the estate is administered according to the Will which is why the police were called in the first place. 

If I get an update I’ll update the thread I created about it. 

Sea_Shell

Thinking out loud here...

Has anyone ended up with any strange home ownership outcomes, following a chain of events.   

Like owning a share of a property, resided in by your in-laws sibling?   

It got me thinking.    You could have a scenario whereby someone inherits a 50% share in a property, (being lived in by their other sibling), but they pass, leaving their share (estate) to their husband, who then passes and leaves his share in part to his own sibling or blood niblings, either via a will or intestacy. 

Surviving resident sibling, could end up with the Nibling, by marriage, of their sibling, owning a part share of their house.

What's the most convoluted home ownership outcome you've come across, or been party too.   


In the meantime, and "good news" stories to report?      

Sea_Shell

Finally, a good news story to report.   

It took the OP('s husband) over 4 years to finally receive their inheritance, but all now sorted.   

They were due to receive the thick end of £100,000.   

https://forums.moneysavingexpert.com/discussion/6430531/advice-mil-died-without-leaving-a-will



Any other good news to report from anyone else, while we're here. 

silvercar

Unexpected win for my kids. My grandmother passed away in the 90s. She had 2 kids, who each had 2 kids, who all now have 2 kids. At the time of her passing only my 2 kids were born. My uncle was the executor of her will. Unknown to anyone else my grandmother had wanted to change her will to leave something to the great grandchildren, the grandchildren were already mentioned in her will, but the GGC weren’t born at the time the will was written. My uncle persuaded her that it was unnecessary to incur the cost of rewriting the will and that he would ensure that the GGC were given what she wanted. About 8 months after her passing, I received a letter with 2 cheques for my kids explaining all this with the message that she wanted them to enjoy the money not save it, but they shouldn’t receive it until they were 21. They were only 6 and 8 at the time. I opened savings accounts for them and didn’t tell them about it until near the due dates. Very nice of my uncle, he could have done nothing and I would have been none the wiser.

Spendless

My kids also got an unexpected win because I honoured my Grandmother's wishes. At the time she made her will she'd just bought her first property, she made a will leaving 50% to my Mum, 25% each to me and sis. Her G-Grandchildren from me and sis at the time were aged 5, 4, 4 and 2. Nan didn't want minors in her will and said 'she was just leaving it to the parents to sort'. She died last year what she never thought of was she spent the last 8 years of her life in a care home with a dementia, her property was sold to pay her fees. She left a few thousand £s. I still took on board what she said and give a few hundred £s to my now adult kids. My daughter spent hers on a hol, my son needed a washing machine. Both enjoyed their unexpected 'windfall'. My sister is estranged from everyone so no idea what she did 

DigForVictory

I had the start of a horror story when my eldest son died unexpectedly & intestate. Not good. Nat West bank & HMRC accepted me as the relevant intermediary (sorry I forget the official title) and the whole administrative side was sorted within 3 months, with immense patience & tact by all the big agencies who could have been so much worse. (That the estate was worth less than £5K helped, I think.)

Which put me in a less appalled position when my husband died a couple of years later. Thanks to the good folks here, we had Wills, I could find them & I could execute his. The one thing he'd have wanted was to split the house between me and the remaining lads, but I plan to do that once the youngest has moved out - he's just starting Uni & needs the stability more than the cash. I'm not sure if that'll look like deprivation of assets, but it's what he wanted.  All being well, in another 3 years, I'll have emptied most of this lovely family home, checking I've not decluttered anything the lads want, can put the house up for sale, buy a retirement cottage and divide the rest between the lads.

Malthusian

DigForVictory said:
I'm not sure if that'll look like deprivation of assets, but it's what he wanted.  All being well, in another 3 years, I'll have emptied most of this lovely family home, checking I've not decluttered anything the lads want, can put the house up for sale, buy a retirement cottage and divide the rest between the lads.

As there's no indication that any part of this plan involves trying to dodge care fees, there are no deprivation of assets issues here, assuming that you don't anticipate needing care in the immediate future at the point you actually made the gift to the lads.

In the event you went into residential care, the retirement cottage would be sold and used to pay care fees. (Until you reached the threshold at which the local authority stepped in.)