Re: Wills and Executors

That's actually a good idea.

Money brings the worst out in people it can get really ugly

Re: Wills and Executors

Good idea but how do you spend a house, which is the biggest asset many of us have?

I have been thinking all this over myself recently but there seems no way round it. Any ideas anyone?

Re: Wills and Executors

It's true about people and money.....I was cheated out of an inheritance left to me by my aunty....she was a sweet naive lady who took advice from a relative who helped her write her will.....she told me what she wanted but unfortunately what was written down was very different....I know she would have been so upset at what happened after her death....she was a lovely lady.

I have two children so it's easy both are executors and whatever I have will be split equally.

Re: Wills and Executors

We are the same Summer - our sons are executors and everything will be divided between them.

Re: Wills and Executors

I ,as one without family am hoping that one I have in mind to ask to be an executor is capable of detachment , efficient as a secretary to carry out the duties required and without thought of gain from the situation .
Having a paid up funeral plan with instructions means that part of the required job will be easy .
Times have changed such as this ? My parents never discussed matters surrounding death ,ever let alone funerals.

Re: Wills and Executors

Re your reply to Muddy’s post .If you have the death certificate why are they refusing to release the money in the account ?

Re: Wills and Executors

It is not sufficient to just have the death certificate, Banks need to see a will and also evidence that the person who wishes to access the account has the authority to do so (e.g. named as executor and obtained probate (where appropriate). The bank will also need to establish whether there are debts and taxes due against the estate. It can get quite complicated sometimes.

Re: Wills and Executors

No I am not wrong I have been an executor on two occasions .
You need a copy of the Grant of probate .
If the bank are hanging onto the money they must give good reasons .
Something is obviously amiss.
£8000 is a relatively small amount and the banks might even waive the grant of probate if given proof of death and the right of the person to inherit .

Re: Wills and Executors

So now I’m rearranging things .
One of the executors will be the main beneficiary but my skilled in practical matters second newly chosen one will probably be doing the hard work .
How to word the will bequesting a sum of money for this one and how much is proving difficult for me to work out .

Re: Wills and Executors

Make it easy for your executors .
Put your affairs in order .