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Legal, pensions and money

Advice re winding up estate.

(160 Posts)
HUNTERF Thu 21-Mar-13 11:23:12

Just had a phone call from a lady in her late 30's.
Her mother has passed away and her father passed away some years ago.
There is a will.
The problem is she does not know where the money is but she knows the house is owned by her mother.
The only help I can think of giving her is to offer to help to search the house for evidence of money. I will not feel comfortable looking through other people's cupboards but I will do it if she wants me to.
Anybody got any other suggestions.
When my father passed away I had his money recorded on a spread sheet and I knew exactly where it was. I just think there is a chance a Gransnetter has been in this situation.

Frank

Bags Fri 22-Mar-13 09:08:38

May I ask, Frank, if your daughters ever come to stay with you in your house? I'm just curious, somof course you don't have to answer that if you'd rather not.

Bags Fri 22-Mar-13 09:07:06

Didn't those kids (adults by then?) have jobs and something to live for?

Bags Fri 22-Mar-13 09:06:30

Meanwhile, what were the children doing, apart from waiting for their inheritance? How sad to organise your life around that!

absent Fri 22-Mar-13 09:06:09

It was a stupid will – this lifelong use of the house has always caused problems. The husband did not have any rights to the house and that includes living there with a new wife after the death of the first one. That's still not a reason for not getting married. However, it seems that you only ever meet women whose topic of conversation is how to divvy up joint assets so there's not much hope of real romance.

HUNTERF Fri 22-Mar-13 09:03:55

Absent

The will was not stupid.
The children owned half the house on the death of the first wife and could not be expected to wait any longer.

Frank

HUNTERF Fri 22-Mar-13 09:01:10

absent

The intention was only the lady had the right to live in the house for the rest of her life.
She got married again and bought her new husband in to the house and she then passed away.
In theory the man could have then been living in the house and he could have bought a new wife in and it could have gone on an on to the point that the children would never get their inheritance.
They had no alternative but to take action to get him kicked out.

Frank

HUNTERF Fri 22-Mar-13 08:55:51

Absent

I did go out with a woman for a few weeks and she started talking in terms that we might get married and the 2 estates would have to be split evenly on both sides.
She had 4 children and a house worth about half of what mine was worth and I only have 2 daughters.
I decided that it was best not to get married again at that point.

Frank

absent Fri 22-Mar-13 08:54:20

The fact that someone else wrote a stupid will is not a reason for not getting married again if you actually wanted to. Presumably, you don't.

HUNTERF Fri 22-Mar-13 08:50:56

Hi absent

The reason I will not get married again is that it will complicate matters with my estate as hopefully my daughters will outlive me.
I saw a case where somebody got married again and the children got half the house on the death of the first wife.
He left his half of the house to his children on the proviso that his second wife could live in it for the rest of her life.
The will was made after the wedding and it was legal.
He passed away and she got married again and she bought a man in to the house and the children set their solicitor on to her as she was not permitted to do this under the terms of the father's will.
This went on for about a year and the lady died and the man would not leave the house.
As it happened the man passed away a few weeks later before the matter got to court.
To top the lot his children then wanted a share of the estate but this never got to court.

Frank

Orca Thu 21-Mar-13 22:25:41

Yes, 'twas me ('twas I?) but nothing came if it ...the offer is still open but I think I've scared him off!

Ana Thu 21-Mar-13 22:18:13

It was Orca.

Galen Thu 21-Mar-13 21:50:46

Not me!

Anne58 Thu 21-Mar-13 21:48:05

Please can someone remind me who it was that was planning to meet up with Frank ? I seem to remember the coffee shop in John Lewis was mentioned?

Galen Thu 21-Mar-13 21:46:04

The ladies of this forum
Constitute a quorum
So what they decide must be fair
Teasing Frank is bad
And though ii might be sad
In future, we should forbear!

Ana Thu 21-Mar-13 20:57:17

Or any forum, for that matter.

Ana Thu 21-Mar-13 20:52:50

Beat me to it, Jingl. I don't think we should be discussing the possible mental health issues of any member on an open forum.

j08 Thu 21-Mar-13 20:49:54

I'm quite certain I wouldn't have accused you of "fancying" anyone Gracesmum! hmm

I can't believe that posters are discussing another poster's mental health on here! Frank can read you know! shock

absent Thu 21-Mar-13 20:48:27

And if you did remarry, wouldn't your wife be part of the family?

Galen Thu 21-Mar-13 20:46:51

hmm

absent Thu 21-Mar-13 20:45:41

Frank Has anyone asked you to marry her?

Nonu Thu 21-Mar-13 20:29:33

confused

HUNTERF Thu 21-Mar-13 20:28:10

Hi Stansgran

You may have read that my 1 daughter has my will in her bank and the other has a certified copy of my will in her bank.
I have worded my wills that if my daughters are not alive then my son's in law will get their share of the estate and I will probably set new wills up to skip a generation at some point.
Unfortunately there are a lot of selfish gold diggers in the world and my belief is all money should stay within the family so that is why I will not get married again.

Frank

Stansgran Thu 21-Mar-13 20:13:23

Actually I think Mishap is right .i had to deal with an elderly uncles estate. He had written a letter to me saying there was a will and although the "kind and friendly" neighbours who had a key had thoroughly searched the house and carefully polished the furniture they wished to appropriate they had not found anything. They believed that they were major beneficiaries in his estate. In the end I remembered a hiding place in his desk where he kept the family Bible with his will and his bank books. The solicitors told me that this scenario was not uncommon even in this day and age. Surely if Frank is taking the mick out of the gransnetters then perhaps the GNs shouldn't rise to the provocation. If he isn't then being unkind demeans us. ,unless you have had experience of the extraordinary length s people will go to to inherit a nest of tables or set of stepladders you may find Franks travails ludicrous but I'm not surprised.

HUNTERF Thu 21-Mar-13 20:12:17

Hi gracesmum

I am not looking for another wife.

Frank

Nonu Thu 21-Mar-13 20:06:52

Er JO8 NO, But I read a lot of crime fiction and have to say seems a good place to hide things .

All my booty is in tins , in case of fire

moon