Have You Made Your Will? Not a joke.

Reminds me of a joke:

A real skinflint of a husband makes out his will saying that he wishes every last penny of his money to be drawn from his account and placed in his coffin with him and makes his wife swear that she will carry this out.
After his death she is seen out in a new car, "I can afford it now she said, I have plenty of money" " but I thought you swore to put all your husbands money in his coffin with him" I did, she said, "I wrote him a cheque"!!!!! :lollol:
Val

 

Shiney, we already figured that out. Both signs a disclaimer stating that neither is responsible for the debts of the other. Our house has that type. So if some horrid medical disaster happens to either one, they can't come after the house.
My husband and I do have a will we are working on. When he talks about which nephew or niece on his side will get something I shudder, don't want them to get anything of mine.
But getting an Advance Directive is very important to have in place.
Its a hard thing to talk about. We just buried his dad in June. I am just not there yet in my head to think of such things. Like where you want to get buried and all.

 

Got ours free with a barclays account, mind you, going to have to get new ones when we split up. Might need to open some new accounts.:tnp:

 

I have been trying to get Mr K to get wills sorted for both of us for the last thirty years,but he says he doesn't care what happens when he is dead as he won't be around to worry about it,so I am terrified that his money grabbing family {and some of my money grabbing family}will start demanding a share of our home.

I keep Googling and it seems the laws of Intestity{sp} are diffreent than they are if you both have wills

I want to leave my share when we have both eventually passed on to charities but don't know how to go about it,or the other option to sell the house when the house prices go through the roof eventually:hehe:sell all the furniture etc then spend our twilight years touring the British Isles in our caravan like a lot of other wrinklies are doing who we meet on our travels:p

 

Mr. F'smum and I made our Wills during the second week of our honeymoon, 30 odd years ago - well, you never know!! Since then, as part of their 18th birthday present, we've paid of each of our daughters to have their Wills made (they did get a 'proper' present too!). Having dealt with the affairs of our parents and assorted other rellies, all of whom left Wills, and realising how protracted it can sometimes be, I can't imagine what a nightmare it must be to sort out the estate of someone who dies intestate.

And please take Alice's advice, appoint someone to have Power of Attorney - there are two different types these days ...

1 A property and financial affairs LPA, for decisions about finances, such as selling the house or managing your financial affairs and
2 A health and welfare LPA for decisions about both health and personal welfare, such as where to live, day-to-day care or having medical treatment.

You can have one or other - or both.

It's not complicated and your Solicitor can draw up the necessary papers while you're making your Will. Yes, it will cost about £120 for the LPA to be registered, but when my Mum became unable to make decisions for herself the EPA (as it was then) was invaluable.

 

I've had a will for a while even though I have no dependants and my siblings are all older than me. So I left my house and my 'worldly goods' to my two nephews who are also my Godsons with the proviso that they see to the disposal of my remains. Vis a vis that they go to the Department of Anatomy at Newcastle Uni for medical students to practice on. Well, I thought I've been at the beck and call of doctors all my life in one way and another, why change it just cus I'm dead! Plus, there won't be any funeral expenses to pay and after the statutory year when what's left of me is released for burial, that can be cremated and my ashes scattered in the place of my choice. That's where the nephews' real responsibility comes into play!

But basically, I'm with a previous poster - I plan to spend as much of what I have as I can and be comfortable and content until then! They'll still have the house to sell. But no cheque's going in my coffin!

 

Inevitably at some time one of you will have to sort these things out. My husband had exactly the same views, he also considered Life Insurance as too morbid to talk about!!!!! I am now a widow, so I am left with having to do all these things, as much as I mourn my husband I also feel that it was a somewhat selfish attitude, grief really is hard enough without having all these extra burdens. :cry: I do hope you can change his mind.

Val

 

Absolutely, you pay taxes all your life and then if you let them they will also take anything you leave behind!!

Val

 

I'm all in agreement with the others who plan to spend all they can.
We go on regular SKIing holidays - Spending the Kids Inheritance.
But at the same time we have our wills to state very clearly what happens to what is left and Powers of Attorney in place so that someone can act for us if we can't act for ourselves.

I think the point people miss is about what happens if a person is incapacitated and can't act. In short, if your husband is the account holder for bank account, utility bills or whatever and has a stroke and can't act then these matters can't be dealt with. What a shambles.
My husband and I have Power of Attorney for each other and our daughter has Power of Attorney for both of us.

 

Well done Alice, that is exactly as it should be!! Now you can just forget about it and get on with your lives!!

Val

 

As we have recently moved to a bungalow we are spending whatever we need to make it just
as we like. Husband is a bit dubious about spending so much but I asked him what he is saving it for!!!

At least he agreed that we should update our wills before I have my operation - I wonder why :hehe: