1. Landrover

    Landrover Member

    Simple question! Just about to start getting my will sorted and before I go to the solicitor and start it is there anything the TFF universe recommend putting in it that is not standard in a will ? Stuff that will effect my kids/wife ?
     
  2. Still Farming

    Still Farming Member

    Location:
    Glamorgan Wales
    Some say give some to charity ?
    As if their are mentioned in a Will then you can be certain thing's are carried out correctly?
    You don't buy a Will your Sold one.
    Devil you do Devil you don't, you'll find out .
    Horse before cart and visa versa , joint Wills ,kids, property, assetts, where do we start .
    Hope all goes well.
     
  3. Fallowfield

    Fallowfield Member


    The solicitor should ask you what you'd want to happen in certain unlikely events that you probably haven't considered.

    Like you and your wife dying together (who looks after the kids?, what happens to the estate if the kids are still small?)

    Or you all dying together ('a common calamity').

    So best to give those kind of things some thought before you go.

    Be wary about who you appoint as executor(s). Appointing solicitors can be expensive. Not as bad as appointing a bank though.
     
    Lincoln75, Osca and Still Farming like this.
  4. Still Farming

    Still Farming Member

    Location:
    Glamorgan Wales
    Or headache if no executors maybe can be given???
     
  5. So who make the best independent executors?
     
  6. chaffcutter

    chaffcutter Moderator

    Location:
    S. Staffs
    I’ve been executor for several estates and I would definitely say have a solicitor as one of two or three executors, they know how to go about the job and if there is a reasonable size estate involved including property then they are essential anyway as conveyancing, Land Registry, probate, HMRC when getting into IHT territory etc. The laymen can keep an eye on the solicitor, and in my experience their charges have not been unrealistic. There really can be a lot of work involved.

    PS. DON’T appoint a Bank under any circumstances, they are dead slow and ridiculously expensive.
     
  7. Don’t leave anything in joint ownership can cause all sorts of problems and cost if they fall out
    Split land into fields ect ect
    Keep it as simple as possible
     
    Yale likes this.
  8. Fallowfield

    Fallowfield Member


    You don't need to appoint a solicitor as executor to have a solicitor wind up the estate.
     
    Flat 10, Fowler VF and Yale like this.
  9. Fallowfield

    Fallowfield Member


    Family and/or friends.
     
    Fowler VF and Yale like this.
  10. Lazy Sod

    Lazy Sod Member

    Location:
    Warminster
    Apart from very small bequests perhaps, don't leave specific amounts to some benificiaries and the residue to someone else, ie £X to A, , £Y to B, £Z to C and the rest to D.

    If people who do this are unaware of the true value of their estate at the time of their death, things won't turn out as they intended. D might receive far more, or far less than they intended.
     
    Last edited: Nov 10, 2018
  11. chaffcutter

    chaffcutter Moderator

    Location:
    S. Staffs
    No you don’t, but if you use a solicitor who is familiar with the family situation etc it makes life an awful lot easier imo.

    Been there too often!

    (This thread crosses into @Cab-over Pete ‘s thread on wills as well)
     
  12. goodevans

    goodevans Member

    Trouble there is most solicitors practises have a solicitor who specialises In probate and you only become familiar with them when needed and is not the one you would normally deal with for business matters
     
  13. Netherfield

    Netherfield Member

    Location:
    West Yorkshire
    Don't leave anything to your grasping sister and her kids:mad:.
     
    Red Fred likes this.
  14. Courier

    Courier Member

    My take on this is that some current day solicitors like to "help" you create a potential conflict which will then become a nice little "Fee Earner" when you are gone.
     
    Flat 10 likes this.

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