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Legal, pensions and money

Wills

(3 Posts)
tanith Mon 10-Aug-15 22:30:55

I assume then that there was no money left after fees were paid to the home? If there was anything left your friend and her siblings would inherit that.
It does sound like the father intended for his grandchildren to have any monies left, other than the house, which is what happened.

I do agree that wills can be complicated things without proper advice.

Coolgran65 Mon 10-Aug-15 22:27:57

It does indeed happen, Wills need to be very specific. In particular when there will be no surviving spouse. They need to be drawn up to take into account many possible changes of circumstances.

Nansypansy Mon 10-Aug-15 22:18:18

My friend has just had a shock that makes you think ...... Her father passed away recently and lived in a residential home so she was obliged to sell his house to pay the fees. The house was left to her and her siblings, with any residue monies left to the grandchildren. But the house had been sold, no amount was specified for the grandchildren, so on paper, the three offspring are left with nothing, with all monies going to the grandchildren..... That was not her fathers intention, but it makes you think doesn't it. Do try and check that you're not going to be left in that situation - it happens a lot by all accounts.