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Provision in will for vets bills?

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  • saajan_12
    saajan_12 Posts: 5,110 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Thank you for all the replies. I did speak to my friend about this and asked her if she could put some money by and she said she would "think about it". She said she doesn't want to change her will as it would cost her money, so I said that's fine but I would struggle to afford vets fees if they are needed. I also emphasised that I don't want her money (to which she said she knows that) and if it's not needed then I would want it formally arranged that it can be shared amongst her grandchildren (in response to a question raised, her estate is to be split between her grandchildren).

    I'll be honest, she didn't seem keen on the idea but I've done what I can for now.
    Well now imagine effectively a similar cost as changing the will each time there's a vet bill. Silly. Realistically, these are the options, you just need to put them to her tactfully but firmly. 
    - £x left for the dogs care to you, with your agreement to act in good faith to return anything not needed after the dog dies to the other beneficiaries. 
    - £x * 2 left for the dogs care to a solicitor, who approves every vet bill. 
    - Dog given up to her choice of charity / relative / pound at the first major expense, as you won't be able to afford it
    - Unfortunately you can't care for the dog but wish her the best. 
  • Emmia
    Emmia Posts: 5,751 Forumite
    Fifth Anniversary 1,000 Posts Photogenic Name Dropper
    Browntoa said:
    Explain that having a 3rd party hold any funds for the pets care is likely to be expensive ( solicitors time) and what would happen if an emergency occurred at a weekend ( unable to get funds released quickly) .

    She needs to trust you with funds , suggest a joint account in both your names that she can keep an eye on , on her death it automatically becomes the asset of the remaining account holder . Gives her peace of mind, gives you security in an easy manner 
    Having a "joint account" for this purpose with the OP would mean that your friend wouldn't need to amend their will, and whilst they are alive they can monitor the account.
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