We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Daughter excluded from grandmothers will - please help!
Comments
-
Unless there’s a clause in the original will saying something along the lines of “should this beneficiary not reach the age of 18…?All shall be well, and all shall be well, and all manner of things shall be well.
Pedant alert - it's could have, not could of.0 -
Were they truly rare and valuable antiques and paintings?KatieBW123 said:She had extremely rare and valuable antiques and paintings but apparently these have all been divided up or taken and sold.
It is not uncommon for elderly people to have items that they consider / think as having substantial financial value and actually worth peanuts.
As an example, my Mum has an ornamental collection of owl figurines. She thinks they are really something special - so much so that when writing her Will, Mum said she could not decide - or choose one of us - to inherit these figurines so she will list them as to be shared equally. None of us have the heart to tell her the figurines are absolute tat and loads of the sets listed online unsold at under £20.
From this thread, you have described your Daughter's Grandmother as "wealthy", having a "country house" which was sold shortly prior to death, plus another property marketed for sale post death plus, now, a collection of extremely rare and valuable antiques and paintings.
Of all these assets, how much will have been used to fund care for your Daughter's Grandmother, thus reducing the value of the Estate?
With a complex Estate of this value, it is certain that probate will be required (so you will be able to see the Will eventually) plus a sizeable IHT bill will arise. In the mean time, you need to be careful not to get "sucked in" on spurious boastful claims that may be made. The Estate may not be as substantial as it is being made out to be.2
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards
