| Why bother with a will? 23:42 - Jul 28 with 2436 views | jackb |
Can't choose who you leave money to now it seema, what an odd judgment
www.bbc.co.uk/news/uk-england-beds-bucks-herts-33684937 |  | | |  |
| Why bother with a will? on 00:18 - Jul 29 with 2413 views | Vinnie |
Very odd,in fact it is much worse than that.Solicitors must be rubbing their hands because a lot of extra work is sure to now be coming their way.An appalling decision. |  | | |
| Why bother with a will? on 09:32 - Jul 29 with 2295 views | perchrockjack |
Yep, our favourite "trusted" professionals.
This will be a relief from losing out over legal aid.
bunchofchunts.
Perverse decision beyond comprehension | |
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| Why bother with a will? on 10:51 - Jul 29 with 2263 views | builthjack |
Give money to your kids when they need it, not when you die. |  |
| Swansea Indepenent Poster Of The Year 2021. Dr P / Mart66 / Roathie / Parlay / E20/ Duffle was 2nd, but he is deluded and thinks in his little twisted brain that he won. Poor sod. We let him win this year, as he has cried for a whole year. His 14 usernames, bless his cotton socks.
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| Why bother with a will? on 12:32 - Jul 29 with 2211 views | CountyJim |
| Why bother with a will? on 10:51 - Jul 29 by builthjack |
Give money to your kids when they need it, not when you die. |
Be careful could be tax issues with that |  | | |
| Why bother with a will? on 15:49 - Jul 29 with 2156 views | SwaneeRiver |
| Why bother with a will? on 10:51 - Jul 29 by builthjack |
Give money to your kids when they need it, not when you die. |
Give a gift to anyone, including your kids and unless you die within seven years there are heavy tax implications.
Besides, if anyone wants to leave their money to anyone rather than grabby relatives, why should they not be allowed to ? | | | |
| Why bother with a will? on 16:06 - Jul 29 with 2145 views | londonlisa2001 |
| Why bother with a will? on 15:49 - Jul 29 by SwaneeRiver |
Give a gift to anyone, including your kids and unless you die within seven years there are heavy tax implications.
Besides, if anyone wants to leave their money to anyone rather than grabby relatives, why should they not be allowed to ? |
It's the other way round Swanee - if you don't die within that time then there is no tax. It's when you die that there are tax implications, but only that the money is treated as though it was part of your estate for inheritance tax.
The point of the rule is to stop those that know their estate will get caught for inheritance tax, giving away stuff when they know they're on their last legs to avoid it.
Edited to say - I agree with your point btw - you should be able to give your money wherever you fancy in general. [Post edited 29 Jul 2015 16:07]
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| Why bother with a will? on 17:26 - Jul 29 with 2114 views | LeonisGod |
| Why bother with a will? on 15:49 - Jul 29 by SwaneeRiver |
Give a gift to anyone, including your kids and unless you die within seven years there are heavy tax implications.
Besides, if anyone wants to leave their money to anyone rather than grabby relatives, why should they not be allowed to ? |
Yes their are "grabby" relatives (inheritance issues always seem to bring the worse out of families). But the other side of the same coin is that there are frankly corrupt organisations looking to benefit from people's estates. Even to the point of social services tricking vulnerable old people and 'arranging' for a buddy solicitor to act as lasting power of attorney so they can cream off their estate whilst they are still alive. No joke - that's happened to us.
So safeguards are needed to make sure that the wishes of the deceased are protected from people looking to dishonestly profit, be that family members or anyone else.
In this case though it seems that the wishes were perfectly clear and the will reflected the deceased views (she'd even laid out in a letter why the will was changed). Seems cut and dried to me and this decision by the courts sets a dangerous precedent. |  | | |
| Why bother with a will? on 20:53 - Jul 29 with 2046 views | Flashberryjack |
| Why bother with a will? on 17:26 - Jul 29 by LeonisGod |
Yes their are "grabby" relatives (inheritance issues always seem to bring the worse out of families). But the other side of the same coin is that there are frankly corrupt organisations looking to benefit from people's estates. Even to the point of social services tricking vulnerable old people and 'arranging' for a buddy solicitor to act as lasting power of attorney so they can cream off their estate whilst they are still alive. No joke - that's happened to us.
So safeguards are needed to make sure that the wishes of the deceased are protected from people looking to dishonestly profit, be that family members or anyone else.
In this case though it seems that the wishes were perfectly clear and the will reflected the deceased views (she'd even laid out in a letter why the will was changed). Seems cut and dried to me and this decision by the courts sets a dangerous precedent. |
Ching!! Ching!! for the legal profession ...licensed to rob the b*stards are.
This decision is an absolute disgrace, who the f*ck are they to decide who someone can and can't leave their money to. |  |
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