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Author Topic: Will Aid month  (Read 3793 times)

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Offline Pirate

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Re: Will Aid month
« Reply #15 on: November 07, 2011, 09:56:55 PM »
It'ud have to be Stilton...

Offline Barman

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Re: Will Aid month
« Reply #16 on: November 08, 2011, 06:30:08 AM »
Nick's poor thread....  noooo:
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Offline Miss Demeanour

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Re: Will Aid month
« Reply #17 on: November 08, 2011, 08:35:10 AM »
It lost the will to live  lol:
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Offline Barman

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Re: Will Aid month
« Reply #18 on: November 08, 2011, 08:45:52 AM »
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Offline Snoopy

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Re: Will Aid month
« Reply #19 on: November 08, 2011, 08:55:25 AM »
All sorted here thanks  8) .

I heard the other day that my neighbour whose wife died a month back might have a bit of a problem. She left her share of the flat to her children...  rubschin: . All very amicable at the moment allegedly, until the children start getting a bit itchy about their due inheritance and possibly forcing a sale  noooo:


Much depends on whether they held the ownership as "Joint Tenants" or as "Tenants in Common".
If the former then the wife's portion of the shared ownership devolves automatically to the surviving owner no matter what the will may say. If the latter then she may leave her portion to anyone she pleased ~ it would be extremely difficult to evict the old chap from his home as normally the courts would say that he is entitled to live there until he chooses to sell or bequeath his portion. I'm afraid any avaricious children may have to wait.
Owning property as Tenants in Common is a good way of avoiding inheritance tax as only the value of the portion held by the deceased at the time of her demise is assessed for the purposes of her estate.
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Offline Pastis

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Re: Will Aid month
« Reply #20 on: November 08, 2011, 05:49:21 PM »
To make it more complicated, she was a French national ... I have a feeling French law may apply  rubschin:
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Offline Nick

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Re: Will Aid month
« Reply #21 on: November 08, 2011, 05:51:24 PM »
This whole process has just opened up some new headaches cussing: cussing: cussing: cussing:
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Offline Snoopy

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Re: Will Aid month
« Reply #22 on: November 08, 2011, 06:10:10 PM »
To make it more complicated, she was a French national ... I have a feeling French law may apply  rubschin:


UK Law should take precedence if she lived and died here...... Tho' if the will was drawn in France .........  rubschin:
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Offline Nick

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Re: Will Aid month
« Reply #23 on: November 08, 2011, 06:10:59 PM »
Even English and Scottish wills are different. The ginger mongs cussing: cussing: cussing:
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Offline Pastis

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Re: Will Aid month
« Reply #24 on: November 08, 2011, 06:14:29 PM »
To make it more complicated, she was a French national ... I have a feeling French law may apply  rubschin:


UK Law should take precedence if she lived and died here...... Tho' if the will was drawn in France .........  rubschin:

... and she died in France at a family reunion  sad24:  and I suspect the will was drawn up in France
Like the Buddhist said to the hot dog vendor...
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Offline Nick

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Re: Will Aid month
« Reply #25 on: November 08, 2011, 06:15:27 PM »
The lawyers will be circling like vultures noooo:
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Offline Snoopy

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Re: Will Aid month
« Reply #26 on: November 08, 2011, 06:16:47 PM »
To make it more complicated, she was a French national ... I have a feeling French law may apply  rubschin:


UK Law should take precedence if she lived and died here...... Tho' if the will was drawn in France .........  rubschin:

... and she died in France at a family reunion  sad24:  and I suspect the will was drawn up in France

So much will hang on where the will is lodged and the terms of ownership. I foresee M'Learned friends making £££££££s
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Offline Tipsy Gipsy

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Re: Will Aid month
« Reply #27 on: November 08, 2011, 06:18:12 PM »
... and was the property an asset of a French company, cos then she could leave it to whom she wanted rather than being distributed between the children... like.  whistle:
It's better than I ever even knew.  They say that the world was built for two.  Only worth living if somebody is loving you.  Baby now you do.

Offline Pastis

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Re: Will Aid month
« Reply #28 on: November 08, 2011, 06:22:51 PM »
All too many details to which, naturally I'm not privy.  Goes to show however that you really need to sort these things out ... !
Like the Buddhist said to the hot dog vendor...
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Offline Nick

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Re: Will Aid month
« Reply #29 on: November 08, 2011, 06:23:42 PM »
Back on topic  cloud9:
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