glasshouse
Member
- Location
- lothians
Once they get over 75, rationality goes out the window
Court awards farm to son in inheritance promise dispute
- Thread starter Drpapanak
- Start date
- Location
- Lorette Manitoba
If a will can be contested and with enough money pushed towards a good lawyer why bother writing a will. My uncle indicated I was to get his share once he died of a family partnership. I’d been working there since I was old enough to work. All got left to kid he fathered with the local bike. Ended up having to borrow heavily to keep the family farm in one piece. I’ve two girls that are unlikely to farm but don’t want the farm sold and the money frittered away.how does anyone ever write a will to ensure neither can contest it.
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- Location
- British Isles
I was wondering about all this will contesting was thinking off adding wording along the lines off
if anyone contests this will they and there descendants are to be automatically removed from receiving any thing from the late state
if anyone contests this will they and there descendants are to be automatically removed from receiving any thing from the late state
- Location
- Hereford
My understanding is that you can only contest a will if there is sufficient grounds for doing so .
Friend who is a Solicitor says many people think that they can contest a will but it has to be decided by a court that there is sufficient ground for it to be contested and that is usually not the case. This is a simple part of it . It's when a court decides that, there are possible grounds for a will to be contested , then it can get messy and expensive.
Friend who is a Solicitor says many people think that they can contest a will but it has to be decided by a court that there is sufficient ground for it to be contested and that is usually not the case. This is a simple part of it . It's when a court decides that, there are possible grounds for a will to be contested , then it can get messy and expensive.
Leave it to a trust
- Location
- Carmarthenshire, West Wales
And I think don't cut anyone out of a will, rather, leave them a smaller bequest, then write a hand written letter to any potential judge explaining why the will was written in the way it was.
YorkshireAndrew
Member
- Location
- West / North Yorks border
In any case where a will is being contested the first port of call before court action should be mediation .
yellow belly
Member
- Location
- south west lincolnshire
mediation can work but it needs all parties to agree
also a will can be varied if all parties agree
but is parties to a will disagree and some are unreasonable there is only one course of action
but the judge will only accept provable proper evidence with reliable independent witnesses
going through the process now £1000 dosn't go far!
Dementia is a bit of a bugger too and wills can get changed.
If you have built your life round the expectation that you will inherit, you must have something concrete in place that guards against the possibility that your surviving parent with dementia will suddenly decide to leave the lot to one of the neighbours. Plus care costs can make a mess of things.
Bossfarmer
Member
- Location
- between Perth and Inverness
nobody is "entitled" to any of their parents money when they die, its up to them to decide how to distribute its their money, different if theyve made promises and people have made sacrifices off the back of this obviously
Try telling my sister that !
Bossfarmer
Member
- Location
- between Perth and Inverness
Its factual
- Location
- Lincolnshire
You could leave a fixed quantity of money into a secret trust, whereby the controller of the trust has been briefed by you to use the funds there deposited to hire some ninjas to give whoever is contesting it a good going over with the nunchuks.
serf
Member
- Location
- warwickshire
Is it though , there's no clear run what ever route you take ,
pass asset over before death pay the CGT or use hold over .
Leave it to death no CGT may get 100 % APR/ BPR and get a ' free ' up-to-date reset value for future CGT on future sale .
As things stand at the minute ....
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The point of the thread is that tax is not the only potential cost. If it is more tax efficient but the family then hate each when you die it is not a good emotional outcome, also a family prepared to work together and co-operate is likely to return more £ to the family over time so there is a £ value to getting everything done cards on the table ahead of time.
Expanded and improved Sustainable Farming Incentive offer for farmers published
Expanded Sustainable Farming Incentive offer from July will give the sector a clear path forward and boost farm business resilience.
From: Department for Environment, Food & Rural Affairs and The Rt Hon Sir Mark Spencer MP Published21 May 2024
Full details of the expanded and improved Sustainable Farming Incentive (SFI) offer available to farmers from July have been published by the...
From: Department for Environment, Food & Rural Affairs and The Rt Hon Sir Mark Spencer MP Published21 May 2024
Full details of the expanded and improved Sustainable Farming Incentive (SFI) offer available to farmers from July have been published by the...