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Inheritance - who gets the money?

(40 Posts)
crazyH Sun 17-Sep-23 23:18:54

A very interesting documentary series…… not to be confused with the fictional drama ‘Inheritance’ which is on every Monday night. If you get a chance to watch it, you’ll enjoy it and will send you straight to read your Will thoroughly - I won’t say more. It’s on every Sunday night.

sodapop Mon 18-Sep-23 19:31:07

Bit rude, I was only asking what happened lemsip I can't access the programme now as I live in France.

Cabbie21 Tue 19-Sep-23 08:39:35

I thought the situation was interesting and unusual, but the programme was tedious and spun it out unnecessarily.

amazonia Tue 19-Sep-23 11:37:47

There is currently quite a backlog for all POA applications so probably not the solicitors fault although it will be worth checking with them.
Yes, even valid Wills can be contested but if you are looking to exclude someone for a reason or include a non-family member for a reason, your Will will have much more strength if you add an expression of wishes to go with it. It also helps if the family know what you are doing why

Dinahmo Tue 19-Sep-23 11:50:33

sodapop

Bit rude, I was only asking what happened lemsip I can't access the programme now as I live in France.

Yes you can. You just need a VPN and use an English location and you can then access BBC IPlayer or any other UK tv channel.

Nashville Tue 19-Sep-23 11:52:27

Going back to a will being contested after the death.

I was advised to specifically to exclude those I had not mentioned in my will who might try to contest the will.

Something like “ I wish it to be noted that I have intentionally excluded my (daughter, son, sister, brother ) ABC as a beneficiary of my will and do not wish (him/her) to benefit in any way from my death”.

Hopefully the the situation described in the documentary would thus be averted.

I also filled in the POA application online. The order of signatures is the only tricky bit and then after it has been granted there is an online code to allow access to any organisation with whom you need to register it. Quite straight forward.

missdeke Tue 19-Sep-23 11:53:31

My lot won't be arguing over anything, I have nothing to leave them grin.

jocork Tue 19-Sep-23 14:44:23

'I also filled in the POA application online. The order of signatures is the only tricky bit and then after it has been granted there is an online code to allow access to any organisation with whom you need to register it. Quite straight forward.'

I want to get POAs sorted but worried about the signing bits as my DD and DS are not local so will it be difficult. My DD lives in Dubai! I'd appreciate any advice.

eddiecat78 Tue 19-Sep-23 14:54:48

After you have filled in their details online you could print off the pages applicable to each child, post them to be signed and witnessed and then posted back to you. You don't need to post the whole document although there is one page which they are meant to read before signing. As previously mentioned you do need to be careful pages are signed in the right order but that is well explained. I wrote myself a note to remind me who needed to sign and when

As32 Tue 19-Sep-23 15:39:59

I had a POA for my parents written up by a solicitor, cost £450
When we did the same for my partners parents, we did so ourselves costing £85
A lot of the paperwork is not applicable, you just have to cross through with a diagonal line and only fill in the relevant parts

4allweknow Tue 19-Sep-23 16:59:28

Grammaretto I know you mentioned no children in the specific case. Referring to children, in Scotland since 2012 your children have a claim on one third value of your moveable estate regardless of them being in the Will or not. So you can't leave what you want to whoever you like. They can't claim the house, unless its a caravan!

Flakesdayout Tue 19-Sep-23 17:55:53

I did a POA for my Mum some years back which was invaluable when she was in later stages of vascular dementia. I have also done one for myself, both components and it cost about £82 for each. I have recently made my Will (a Trust Will) and as it is a little complicated cost £380 but it protects my partner who can live in my house and my children still inherit everything and any wealth I have when my time comes follows my blood line.

Shizam Tue 19-Sep-23 18:26:01

harrigran

I hired a solicitor to sort out my will and POA, the will is done but five months on I have not received any communication about the POA. I have tried getting in touch but they will not respond to my requests for updates.

Took me 18 months to sort out POA. The gov.uk site is hopeless to deal with. Several phone calls waiting for an hour, only for them to hang up. Emails responded to by different people, never coming back to me. Eventually got it sorted, but it was hard work. Persistence pays!

Coolgran65 Tue 19-Sep-23 20:05:46

I am very fortunate in that having worked in a solicitor's office for many years they did our Wills and Powers of Attorney for free. Even though I am retired 14 years.
Sent a nice bouquet.
Some of the prices quoted above are eye watering. I thought about £300 for a Will and £200 for a POA. Perhaps I am living in the past.

Smileless2012 Tue 19-Sep-23 20:08:40

Our wills state that our ES is not a beneficiary as he was amply provided for during our life time Nashville, not that there's likely to be much worth fighting over anyway.