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Wills
Sept 5, 2017 11:13:44 GMT
Post by naughtyfox on Sept 5, 2017 11:13:44 GMT
I'm just planning to spend all my money before I snuffit, and die in a place that's inconvenient.
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Post by Delta9 on Sept 5, 2017 13:11:08 GMT
The way my finances are currently arranged, my savings will expire along with me. If I were to die today, there would be no way for anyone to access them.
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Wills
Sept 5, 2017 14:06:31 GMT
Post by naughtyfox on Sept 5, 2017 14:06:31 GMT
Well, that's puzzling.
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Wills
Sept 5, 2017 16:34:17 GMT
Post by dyertribe on Sept 5, 2017 16:34:17 GMT
The way my finances are currently arranged, my savings will expire along with me. If I were to die today, there would be no way for anyone to access them. Well, there would be a way to access them see "Intestacy" in the OP. It would cost your family £215 to get Grant Of Administration and then they could access your savings. Writing a will would cost less and avoid the need for GoA if you don't have large amounts of savings and dont own a property. |
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Wills
Sept 5, 2017 16:39:27 GMT
via mobile
Post by thebfg on Sept 5, 2017 16:39:27 GMT
The way my finances are currently arranged, my savings will expire along with me. If I were to die today, there would be no way for anyone to access them. Well, there would be a way to access them see "Intestacy" in the OP. It would cost your family £215 to get Grant Of Administration and then they could access your savings. Writing a will would cost less and avoid the need for GoA if you don't have large amounts of savings and dont own a property. but, wouldent they need to know where they are? |
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Wills
Sept 5, 2017 16:41:29 GMT
Post by Delta9 on Sept 5, 2017 16:41:29 GMT
The way my finances are currently arranged, my savings will expire along with me. If I were to die today, there would be no way for anyone to access them. Well, there would be a way to access them see "Intestacy" in the OP. It would cost your family £215 to get Grant Of Administration and then they could access your savings. Writing a will would cost less and avoid the need for GoA if you don't have large amounts of savings and dont own a property. No, the way I have things organised nobody can access the funds unless they are me, they aren't stored in a conventional manner. No banks, safety deposit boxes, shares, property or anything like that. |
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Wills
Sept 5, 2017 16:45:47 GMT
Post by dyertribe on Sept 5, 2017 16:45:47 GMT
Well, there would be a way to access them see "Intestacy" in the OP. It would cost your family £215 to get Grant Of Administration and then they could access your savings. Writing a will would cost less and avoid the need for GoA if you don't have large amounts of savings and dont own a property. but, wouldent they need to know where they are? Sort of, I'm sure D9 doesn't shred every piece of correspondence from the institutions tha hold hos money so a search of his premises would yield some info. The Personal Representative (that's what the executor is called in the case of intestacy) can redirect his mail so sooner or later they would get statements and it is possible to do a search of banks, building societies to see if he had accounts with them. It can be done, I didn't say it would be easy!!! |
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Wills
Sept 5, 2017 16:46:29 GMT
Post by Delta9 on Sept 5, 2017 16:46:29 GMT
Well, there would be a way to access them see "Intestacy" in the OP. It would cost your family £215 to get Grant Of Administration and then they could access your savings. Writing a will would cost less and avoid the need for GoA if you don't have large amounts of savings and dont own a property. but, wouldent they need to know where they are? Knowing where they are would still be of no use to them. |
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Wills
Sept 5, 2017 16:48:42 GMT
Post by Delta9 on Sept 5, 2017 16:48:42 GMT
but, wouldent they need to know where they are? Sort of, I'm sure D9 doesn't shred every piece of correspondence from the institutions tha hold hos money so a search of his premises would yield some info. The Personal Representative (that's what the executor is called in the case of intestacy) can redirect his mail so sooner or later they would get statements and it is possible to do a search of banks, building societies to see if he had accounts with them. It can be done, I didn't say it would be easy!!! There are no institutions involved, no mail relating to it, and literally no way for anyone to access them unless they can access the content stored within my brain. |
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Wills
Sept 5, 2017 16:50:36 GMT
via mobile
JohnV likes this
Post by thebfg on Sept 5, 2017 16:50:36 GMT
Sort of, I'm sure D9 doesn't shred every piece of correspondence from the institutions tha hold hos money so a search of his premises would yield some info. The Personal Representative (that's what the executor is called in the case of intestacy) can redirect his mail so sooner or later they would get statements and it is possible to do a search of banks, building societies to see if he had accounts with them. It can be done, I didn't say it would be easy!!! There are no institutions involved, no mail relating to it, and literally no way for anyone to access them unless they can access the content stored within my brain. it's burried under the shed |
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Wills
Sept 5, 2017 16:53:08 GMT
Post by Delta9 on Sept 5, 2017 16:53:08 GMT
There are no institutions involved, no mail relating to it, and literally no way for anyone to access them unless they can access the content stored within my brain. it's burried under the shed It's also not hidden in a physical location. I can access the funds from anywhere in the world at any time. |
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Deleted Member
Posts: 0
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Wills
Sept 5, 2017 17:00:12 GMT
Post by Deleted on Sept 5, 2017 17:00:12 GMT
Even China  |
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Wills
Sept 5, 2017 17:01:18 GMT
Post by Delta9 on Sept 5, 2017 17:01:18 GMT
Even China Yes. |
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Wills
Sept 5, 2017 17:05:31 GMT
Post by Telemachus on Sept 5, 2017 17:05:31 GMT
I envisage wads of large denomination notes in poly bags stuffed up his person where the sun don't shine!
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Wills
Sept 5, 2017 17:06:33 GMT
Post by dyertribe on Sept 5, 2017 17:06:33 GMT
Even China Yes. Well tell someone you trust then! Put it in your will, in safe storage, so it can only be accessed by your executor on production of your death certificate. |
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