Pictures of England

Search:

Historic Towns & Picturesque Villages

A picture of RyeBath AbbeyA picture of Bath AbbeyBag End?A picture of Barton Le ClayA picture of Barton Le Clay

So you made a Will in the UK/USA...

**Please support PoE by donating today - thank you**
 
Robert Mitchell
Robert Mitchell
Posts: 43
Joined: 17th Feb 2007
Location: UK
quotePosted at 18:53 on 6th October 2009
On 6th October 2009 18:44, Paul Hilton wrote:

 

 

The laws in another country might also over-ride your wishes that were written in another one. 

Where there's a Will there's a Way!
My favourite: Pictures  |  Towns  |  Attractions
Diana Sinclair
Diana Sinclair
Posts: 10119
Joined: 3rd Apr 2008
Location: USA
quotePosted at 19:15 on 6th October 2009
Very funny, Robert. Laughing
My favourite: Pictures  |  Towns  |  Attractions
Paul HiltonPremier Member - Click for more info
Paul Hilton
Posts: 2605
Joined: 21st Nov 2004
Location: UK
quotePosted at 19:28 on 6th October 2009
I thought you were going to say-----Where there's a Will, there's relatives.
My favourite: Pictures  |  Towns  |  Attractions
Diana Sinclair
Diana Sinclair
Posts: 10119
Joined: 3rd Apr 2008
Location: USA
quotePosted at 19:38 on 6th October 2009
So then, does the country in which the couple resides determine how the will is executed? Regardless of the laws of the country/state the will was written under?
My favourite: Pictures  |  Towns  |  Attractions
Shirley K. Lawson
Shirley K. Lawson
Posts: 2310
Joined: 17th Jul 2008
Location: USA
quotePosted at 20:00 on 6th October 2009

Tricky question, as some places over here they recognize common law marriages...but for the most part there's not to much these days that doesn't have his/her name and/or survivor written on the document when you sign it, unless pre-nuptial agreements were made ahead of time. In short it depends on how much you own also. In Texas they have an law that basic personal property can not be taken away from an person due to debt. It really depends on which state you reside in as well as country. Most people try to get out of wills, just because of the cost of them in general, many lawyers take an percentage of the property for fees...many feel that as inappropriate as are inheirtence taxes to the extreme. So many people want and yet they never "earned"...if you understand. Most life insurance polices you name an benificary so it never goes to court either...it's simply paid off by the company carrying the policy. Many states are now adopting higher limits on the amount of money received before taxation also. But my dad never went through any court proceeding when my mother died, as he said it was his/hers..or survivor.My step-mother picked up where he left off when he died...which has basically left us kids with nothing but ourselves to look to for any help in this. Dad lived very Native American ideals in ways, he never wanted much....and he never had much. As long as he was confortable, that's all that counted. Sad to say. Much of my parents fighting when I was an kid was over his rediculous ideas in life.Yes, watch us all go down the tube sucking off the Governemnt, as we are the Government to begin with...but people use our Governemnt unfairly these days and stupidly. Now that the bankers/automakers have showed us the way, think we can all get bonuses for dumb mistakes financially..I could use one.

My favourite: Pictures  |  Towns  |  Attractions
Paul HiltonPremier Member - Click for more info
Paul Hilton
Posts: 2605
Joined: 21st Nov 2004
Location: UK
quotePosted at 21:21 on 6th October 2009
On 6th October 2009 19:38, Diana Sinclair wrote:
So then, does the country in which the couple resides determine how the will is executed? Regardless of the laws of the country/state the will was written under?


It would appear that way as long as the court has the authority to deal with where the assets are. Having assets in more than one country could create problems---say a holiday home abroad---where you might not have divided it up according to the laws of that country  exp---children might be entitled to X % of your Estate but you haven't included them, so they will now be included if the laws of another country provide in such a manner where those assets are.

 Seems to me there's tax considerations to consider too. So, particularly when you have assets in more than one country, then getting professional advice so your Will/s will be executed as you wish, would be a very prudent thing to do.

My favourite: Pictures  |  Towns  |  Attractions
Debbie Adams
Debbie Adams
Posts: 2043
Joined: 8th Mar 2009
Location: USA
quotePosted at 14:11 on 7th October 2009

Peter your the smartest man in the world are you in Genis yet?lol I fill  like i could come on here and ask you anything and you would know;-)))))xxxxx

  Peter i agree with you i only have debt so we do not have a will no body wants my stuff,,lolUndecided

My favourite: Pictures  |  Towns  |  Attractions
Diana Sinclair
Diana Sinclair
Posts: 10119
Joined: 3rd Apr 2008
Location: USA
quotePosted at 15:06 on 7th October 2009

Ummm, Debbie? Did you mean, Paul? Lol.

My favourite: Pictures  |  Towns  |  Attractions
Peter Evans
Peter Evans
Posts: 3863
Joined: 20th Aug 2006
Location: UK
quotePosted at 00:16 on 8th October 2009
Hey!!!  Debbie knows who she means. Lol
My favourite: Pictures  |  Towns  |  Attractions
Shirley K. Lawson
Shirley K. Lawson
Posts: 2310
Joined: 17th Jul 2008
Location: USA
quotePosted at 01:52 on 8th October 2009

Paul, my dad was particulary wise, he was borrowing off the worth of his house to pay his yearly property taxes, so someday when my step-mother dies if any one wants the house, they'll have to buy it back from the Government most likely. My brother asked me how come I didn't challenge my step-mother for the house when he died and I told him, by the time we got done with lawyer fee's and paid off the back taxes, and they were apparently legally married, there was little left of worth in it for anyone..not to mention she'd be on welfare most likely again.Dad wanted her to live in the house as long as she was alive comfortably, and thats what he saw to it he did. Assuming he didn't lie to me about things. I'm not an greedy person Paul, maybe if he had in the millions and billions of dollars it would of mattered, but not for an little 2 bedroom cottage type house...I think now maybe if kept up worth perhaps $150,000 top dollar. He did say something that made some sense to me, when he said look at everything an person has, they can't take it with them, and neither can you...all we own is nottakable whenwe die, so why be greedy about it.I already saw my in-laws when my sister in-law broke up with her husband, and that was by consent...they were like ravishing wolves going through the house on the things she chose to take with her. While they were talking about the "bitch" he'll move in with after her, I simply said, take your encyclopedia's, your son might need them for school someday...they are an expenisve necessary if you don't have an computer. They did this to my hubby also, when he left for basic training. They were like scavenger wolves again, and he had maybe one trunk of personal belongings.That Paul is what poverty and the "Government" life style does to people.Hubby's dad died when he was about 8 years old, his mother never worked out of the home, she had some 11 kids to take care of instead. His sister got their original home, the city took it from her for an apartment complex. This whole group is an family that has yet to learn by what you give is what you earn as much as by what you take in life. But dad is correct, one dissaster...you may not have much inwalking away, but memories. My dad never gave much of an memory for an housethat was livable...I was made to earn it. I've seen it in the other sister in-laws also. We haveto pay our own way, we do as we please.An will is only necessary, just like an "Union" is for when the people are inscruitable in being fair minded...that'swhen you need one.Even then thereare always those that tryto break wills also.My grandfather "tested" my dad after my mother died, this woman he hated so much while she was alive at times, he took his fair share cut from great aunts inhertiance to my mother. So my grandfather, while he was still alive sold all his belongings and cut it up for his family, and sent each us kids the money personally (of my mothers lot) dad could not get an "share" of it.My sister was unemployed, spent it living on it, until she went to the Government my brother put it into an junker car and lost it many  yearsago...I bought an wall unit entertainment center and coffee andend tables to match, plus an formal dining room set, I still have it all but the chairs off the diningroom set, but they are easily replaced. I figure I can give each grandkid an unit and one end table or coffee table someday and they can do whatever they would like, the smart thing would be to paint it perhaps. Right now it is mydownstairs furntiure in the family room. It's not worth much now, but it's still for free...something I've not had an lot in my life so far.It has been challenging with in-laws to give anything of value and to let others have anything also. I heard my dad's sister in-law say that about his brother and her re-marriage..finally has someone in her life to support her when she needs it the most perhaps in her next marriage..she had her family with her first marriage, and my uncle was an good man and worked all his life, but they had little inthe way of posessions and an easy life.She loved her first husband, and she loves and feels blessed by her second husbands help.

My favourite: Pictures  |  Towns  |  Attractions