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The Retirement Thread

1 lurker | 172 watchers
Aug 2022
9:20pm, 2 Aug 2022
91,524 posts
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Hanneke
jda I am domiciled but my solicitor was surprised, as was I, to find that in this case Dutch law prevails... So it was easier and cheaper to do it in the Netherlands... I do need a translated copy, I can do this myself as a sworn translator, and deposit it with a British lawyer who will also have power of attorney over they English side of things... Now that we have left the EU this is even more relevant...
Aug 2022
10:12pm, 2 Aug 2022
10,376 posts
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cathrobinson
We have wills written up, but we haven’t had them witnessed yet :-O
Aug 2022
10:22pm, 2 Aug 2022
63,882 posts
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Lip Gloss
I have a 25? year old will that just hasn't been updated - the only difference would be addresses as son is still sole only heir Mr Pix got an updated free will through his union a couple of years ago both are in the pouf in the lounge!


My will just needs tweaked a bit since the arrival of my second grandson.

My dad is going to be a bloody nightmare when his time is up. Dementia has taken over and no POA in place. A house full of stuff and god knows what it’s worth. He has property in England and we are all in Scotland so it will be a nightmare to empty and sell
Aug 2022
6:33am, 3 Aug 2022
15,821 posts
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Sigh
We did our wills in 2010, and we'll update them again in a couple of years when Sian is approaching 18 to remove all the guardian provisions.
Aug 2022
8:44am, 3 Aug 2022
17,164 posts
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SarahWoo
Any recommendations for online wills? I could go to a solicitor but just wondering whether one of the online versions would suffice.
Aug 2022
8:50am, 3 Aug 2022
137,788 posts
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GregP
My solicitor or whatever she is, to be fair, gave a lot of guidance and value-add - I think she was worth the money on this one even if she was less useful with the LPA stuff.
Aug 2022
8:59am, 3 Aug 2022
59,117 posts
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Velociraptor
My XH and I had guardianship in place for any children we might have until they were 25, and from the amount of fecklessness my children retained into their mid-20s I think this wasn't a bad plan. It's probably not necessary now.
Aug 2022
9:40am, 3 Aug 2022
71,751 posts
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Diogenes
We have that for our 3, guardianship until 25.
Aug 2022
9:47am, 3 Aug 2022
71,752 posts
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Diogenes
Our advisor also advised a severance of the joint tenancy so that each owns a 50% share. This provides lifetime asset protection. On first death, the surviving spouse would inherit a life interest in the other half. The house could be
sold and another bought, surplus funds could be invested to produce an income for the survivor. On second death, the children would be guaranteed the capital.
Aug 2022
10:01am, 3 Aug 2022
25,650 posts
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TROSaracen
Plans in place to pay the mortgage off by end August.

The devil on the left shoulder says buy a campervan. The devil on the right says pay off mortgage.

The devil on the right side has the sharper pitchfork (at the moment....)

About This Thread

Maintained by Sigh
A place for baggy spaciousness: "The quality of time, soft attention and ease that we could enjoy 'doing nothing' "
(thanks to TheScribbler for the term (p1516)!)
( see also: neilthewriter.co.uk
and
darkangelswriters.com )

Retirees Hall of Fame

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GregP (14.06.24) (after part retirement 31.03.23)
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Jaks (15.05.24) (third time of retiring)
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jda (28.08.23)
RFJ (23.08.23)
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Schnecke (end of school term 07.23)
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um (May 2017)
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