craftyhunnypie Posted September 4, 2007 Share Posted September 4, 2007 Just a thought we had recently. But if we haven't got any children & all our relatives will be gone by then - who on earth do we leave our money & wordly goods to when we die??? We did think about the battery hen welfare trust as that is very close to both our hearts & possibly some to an ophanage. I just don't know who people leave their estate to when the've no children or relatives anymore. We think some strange stuff me & hubby do. But you do have to think about these things! Emma.x Quote Link to comment Share on other sites More sharing options...
Snowy Posted September 4, 2007 Share Posted September 4, 2007 Not a problem for us I'm afraid. Nothing to leave and too many children to fight over it! Quote Link to comment Share on other sites More sharing options...
craftyhunnypie Posted September 4, 2007 Author Share Posted September 4, 2007 What about your eglus & cube???? I can just picture them all... Now I'll have the roosting bars You can have the ladder ANd I want the wheels!!!! Emma.x Quote Link to comment Share on other sites More sharing options...
Egluntyne Posted September 5, 2007 Share Posted September 5, 2007 Not a problem for us I'm afraid. Nothing to leave and too many children to fight over it! Ditto 0 divided by 3 = 0. You must think about a will though....otherwise all sorts of distant relatives who you have probably never met will be able to make some sort of claim....and the government will get a sizeable chunk too. You can always revise it. A solicitor will be able to advise you. Quote Link to comment Share on other sites More sharing options...
Jules. Posted September 5, 2007 Share Posted September 5, 2007 Everybody should have a will. Quote Link to comment Share on other sites More sharing options...
susiepoos Posted September 5, 2007 Share Posted September 5, 2007 I think the government takes it all now - the few pence you may have left you can give to charity!!!!!!!!! Quote Link to comment Share on other sites More sharing options...
Dancing Gal Posted September 5, 2007 Share Posted September 5, 2007 The government only gets it if you don't make a will. So unless you want it go a bunch of slimey politicians to spend bequeath it to your favourite charities. Alternatively you can leave it to me and I'll look after it for you Quote Link to comment Share on other sites More sharing options...
buffie Posted September 5, 2007 Share Posted September 5, 2007 We've talked about just this Not morbid. Hens will be out of cages but we'll still be doing something to help the humble laying hen no doubt. BBx Quote Link to comment Share on other sites More sharing options...
Snowy Posted September 5, 2007 Share Posted September 5, 2007 Oh we definitely have a will - but it's more concerned with who we leave the children too at the moment. So far my Dad has drawn the short straw! Quote Link to comment Share on other sites More sharing options...
Mel (& Paul) Posted September 5, 2007 Share Posted September 5, 2007 You MUST have a will - especially if you have young children - they need trustees. It isnt expensive to get one drawn up - lots of solicitors offer a good cheap service. If you dont then it takes far longer to sort out probate. We dont have children, but we have two neices and one god daughter. I have told each of them "in confidence" that we are leaving all our money to them - that way we get looked after in our old age Quote Link to comment Share on other sites More sharing options...
Lesley Posted September 5, 2007 Share Posted September 5, 2007 - Mel! you get worse! Quote Link to comment Share on other sites More sharing options...
Tina C Posted September 5, 2007 Share Posted September 5, 2007 Everyone should have a will. It is horrible when you have kids though and you don't know who to 'leave' them to, because you don't think anyone in the family would be up to the job! (Parents would do it but they are just too old to take on a young child). We initially picked OH's brother who runs a pub and whose children are almost 'grown up'. Realised that was probably not the best decision we ever made and are now set to change our will as we have found willing volunteers who have younger children so would be at the right 'life stage' to cope. You hope it won't happen, but you have to think about these things. If I had no family I am sure I would have close friends who might benefit from my worldly goods, but if not I would will everything to charity (or perhaps just enjoy spending while I am living ) Quote Link to comment Share on other sites More sharing options...
Aunty e Posted September 5, 2007 Share Posted September 5, 2007 Up until four days ago (when my last brother turned 18) I got my younger siblings if anything happened to my mum. Now all I have to worry about is my nephews if anything happens to my sister. I already know who to leave my animals to, and when we have kids, I've got a couple of close friends I'm planning on timing babies with (if we can). So I think they might get nominated in preference to our parents (bit old now) or our siblings (I wouldn't let them keep a ferret, nevermind a child). Quote Link to comment Share on other sites More sharing options...
The Dogmother Posted September 5, 2007 Share Posted September 5, 2007 I had to make a will in a hurry when I was going away with my folks and still technically married to my ex. I suddenly realised that if anything happened to me, he would've got all my estate (such as it is) and sole guardianship of Rosie I now need to change it again as I appointed my sister as guardian and I wouldn't like Rosie to be brought up the way she raises her children. Quote Link to comment Share on other sites More sharing options...
Mel (& Paul) Posted September 5, 2007 Share Posted September 5, 2007 - Mel! you get worse! Quote Link to comment Share on other sites More sharing options...
buffie Posted September 5, 2007 Share Posted September 5, 2007 Note to self...make a will We keep saying we will and haven't. It'll be on the agenda v soon. BBX Quote Link to comment Share on other sites More sharing options...
Mel (& Paul) Posted September 5, 2007 Share Posted September 5, 2007 make it a priority Buff - otherwise the solicitors get loads of money sorting out probate Quote Link to comment Share on other sites More sharing options...
Olly Posted September 5, 2007 Share Posted September 5, 2007 everybody should make a will, it makes life much easier for those who are left dealing with things after you've gone! If you don't make one though, the money will be dealt with under intestacy rules. Even if you have a surviving spouse, he/she will only get £125,000 (£200,000 if there are no kids) - anything over this would be divided between spouse and any surviving children. Of course, if you have jointly owned assets then he/she will usually inherit those entirely. If you have no kids, then spouse gets £200,000 and the balance is divided between him/her and the next in line - and if you have no kids AND no spouse, which is the position for me, then it's parents next (I don't have them either), siblings (whole blood), grandparents ... see here for a handy guide:http://www.youngandpearce.co.uk/intestrules.htm You might not necessarily want these people to get your money! I've left my estate to my nieces and nephews on the basis that my siblings don't need the money, but their kids would really benefit from it. One other thing - we all joke about 'having nothing to leave' but most of us have life insurance or mortgage insurance; and if I die while I'm working for my current employer, then there's a substantial death benefit. If you want to avoid the taxman and/or your least favourite relatives getting their hands on it, make a will! Quote Link to comment Share on other sites More sharing options...
Snowy Posted September 5, 2007 Share Posted September 5, 2007 I know I joke about it, but the real reason that made us sort out a will was when my sister in law said she would 'look after' my boys if anything happened to us! Very good of her, but NOT who I would choose! We revise our will annually - at present my Dad and Stepmum would get the children as they know them well and are familiar with them. They are also fit and well. But at the slightest hint of infirmity the will will be changed so that my stepdaughter would get custody (she has children a similar age). In addition, we have made provision that whoever has the responsibility of getting the children also has substantial financial provision to be able to care for them full time. Quote Link to comment Share on other sites More sharing options...
Cinnamon Posted September 5, 2007 Share Posted September 5, 2007 We have never made a will & this thread has really made me think about things. How do you go about making a Will.Does it mean a trip to the Solicitors? Quote Link to comment Share on other sites More sharing options...
Aunty e Posted September 5, 2007 Share Posted September 5, 2007 Yup. A friend of mine deals with wills and probate and says that anything more complicated than 'I leave all of my money to be equally divided between my children/spouse' needs to be drafted by a solicitor. A lot of his work comes via people who have used the make your own will kits and it's all gone horribly wrong. And don't leave your house to your cat. It will be overturned. Quote Link to comment Share on other sites More sharing options...
Mel (& Paul) Posted September 5, 2007 Share Posted September 5, 2007 I totally agree Aunty E - a will can be a simple thing - but if you get it wrong the only people that benefit are the solicitors - think of all the arguments with "celebrities" that have died leaving vast fortunes with all the families arguing - the only ones who win are the solicitors Quote Link to comment Share on other sites More sharing options...
Mel (& Paul) Posted September 5, 2007 Share Posted September 5, 2007 that sounded like I was having a go at solicitors - I wasnt Quote Link to comment Share on other sites More sharing options...
SarahJo Posted September 5, 2007 Share Posted September 5, 2007 SPOOKY - OH and I were discussing this at the weekend - and still have not made one . On our immediate to do list though - as he put it - what if all 4 of us are wiped out in an accident . Have no daughters - but alot of my Mums jewellery will need to be handed on through siblings and their children, so need to specify certain things. Rather make a will than let the government have it all. Quote Link to comment Share on other sites More sharing options...
Lesley Posted September 5, 2007 Share Posted September 5, 2007 ...and I suspect that some of us who drew up wills some time ago may need to revise them - thanks for the reminder Snowy Quote Link to comment Share on other sites More sharing options...
