General Chat

Having your assets in joint names (house, main bank account, savings and other investments) means that the survivor still has access to them.

yes you are so right,some solicitors are grubs...in my case already its going to cost hundered of thousands of dollars just for the grubs to go through it.. (he would oh hated how things turned out .)

Good advice, also to be aware that if you make a will and appoint a solicitor as the executor, you may well find that your OH, next of kin, will be left without the money for 'a year and a day'.

This recently happened to a friend, the solicitor said that if they paid out the money (she was sole heir and nok) within that period and 'someone' appeared to challenge the will, the solicitor would be liable for the payment.

After loosing a member of my family,we found out he didnt make a will! yet he was always talking about it..Now it seems that if you do not have a will,your assets (if not married) will go to next of kin,um you say well that sounds fair,if parents are deceased,siblings share,but what you dont know is that if the father remarries,and the wife brings kids from another marriage and he adopts them, then you have to share the assets with them..even though you may have never met them...So make a will everyone, otherwise it brings alot of heartache to the living.I dont know how it works in the UK,but in Australia this is how things work..