Information about wills..... |
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JUICEBOMB
Liam Brady Joined: 06 Oct 2011 Location: Ireland Status: Offline Points: 2103 |
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Posted: 08 Mar 2021 at 10:58pm |
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How do wills work now.....are they like you see on the tv with a solicitor sitting at a table and all the family waiting to hear the outcome or are there different methods????plus what role does the executor of the will play and what powers do they have?..
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hard work beats talent when talent doesn't work hard
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McG
Moderator Group SISAO? What the hell is SISAO? Joined: 27 Jan 2008 Location: Christmas Island Status: Offline Points: 26998 |
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Well it depends if you are talking about writing/making one or being a beneficiary.
An executor of a will is just somebody entrusted with ensuring your wishes are carried out. But normally the law takes care of that part when it comes to distribution of any estate or few bob.
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YBIG Table Quiz winner 2016 & 2017
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JUICEBOMB
Liam Brady Joined: 06 Oct 2011 Location: Ireland Status: Offline Points: 2103 |
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Beneficiary of a will McG.so the executor just makes sure the beneficiaries got there few bob or whatever their due from the will.does the executor get to read out the will or get a copy of it?
Edited by JUICEBOMB - 08 Mar 2021 at 11:16pm |
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hard work beats talent when talent doesn't work hard
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McG
Moderator Group SISAO? What the hell is SISAO? Joined: 27 Jan 2008 Location: Christmas Island Status: Offline Points: 26998 |
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Haven’t found myself in that position yet thankfully but hollywood dramatic effect aside, I’m sure it’s something like that only way more boring and red tape and inheritance tax and sh*te.
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YBIG Table Quiz winner 2016 & 2017
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Lenny82
Liam Brady Joined: 20 Aug 2010 Location: Ireland Status: Offline Points: 2914 |
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Only the executor gets a copy of the will. Beneficiaries are notified independently to be made aware of what they have been left. Access to the full will is only made available once probate completes.
There is no formal process for reading a will. That's just Hollywood stuff!
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Denis Irwin
Robbie Keane Stay Home & watch Lethal Weapon Joined: 03 Feb 2008 Location: Ath Cliath Status: Offline Points: 37953 |
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So long as it isn't Lionel Hutz you'll be fine |
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Eamonn Dunphy:"I'll tell you who wrote it, Rod Liddle, he's the guy who ran away and left his wife for a young one".
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JUICEBOMB
Liam Brady Joined: 06 Oct 2011 Location: Ireland Status: Offline Points: 2103 |
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So I’d imagine that a solicitor is normally the executor of a will?I mean if a family member is the executor and a beneficiary could that not lead to problems?
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hard work beats talent when talent doesn't work hard
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Baldrick
Robbie Keane Peyton-tly Pedantic Joined: 18 Sep 2008 Location: Ireland Status: Offline Points: 32783 |
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where there is a will there is a relative.
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AKA pedantic kunt
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Zinedine Kilbane 110
Jack Charlton Man City records obsession Joined: 20 Mar 2012 Location: Dundalk Status: Offline Points: 9647 |
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Where there is lots of money there is a dispute.
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Lenny82
Liam Brady Joined: 20 Aug 2010 Location: Ireland Status: Offline Points: 2914 |
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There will be a solicitor alright but the executor is usually a family member or close friend and they can also be a beneficiary.
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Baldrick
Robbie Keane Peyton-tly Pedantic Joined: 18 Sep 2008 Location: Ireland Status: Offline Points: 32783 |
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As newryrep is a man who hates an argument he plans to leave f**k all 😀
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AKA pedantic kunt
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horsebox
Robbie Keane Born n bred in darndale. Joined: 03 Feb 2010 Location: Ireland Status: Offline Points: 34864 |
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Does the executor have to disclose how the estate will be divided out between family members? I mean how will a sibling know they got a fair share.
Edited by horsebox - 09 Mar 2021 at 8:57am |
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It was far across the sea,
When the devil got a hold of me, He wouldn't set me free, So he kept me soul for ransom. na na na na na na na na na na na na na na na na na. I'm a sailor man from Glasgow to |
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irish_major
Ray Houghton Bookie Slayer Joined: 20 Jan 2009 Location: Ireland Status: Offline Points: 3935 |
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Wills are a waste of time when it comes down to it - the law will just take over. I would have everything singed over long before I passed as the people you want to leave everything to could potentially get screwed over.
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Here we go again
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JUICEBOMB
Liam Brady Joined: 06 Oct 2011 Location: Ireland Status: Offline Points: 2103 |
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Yeah that’s what I was thinking....plus what’s the point of an executor when the solicitor can read out the will??? Also what happens if some members of a family are left more than others,would that not cause murder if it’s been disclosed to all the family members?
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hard work beats talent when talent doesn't work hard
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sausy
Jack Charlton MAYO FOR SAM Joined: 13 Jan 2009 Location: The local Status: Offline Points: 6980 |
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I completely disagree. Ignore dividing up a multi million empire and there are some very basic things they cover off. I'm not married and me and the GF bought the house together. I have a will saying that if I die my interest in the house (and everything else) passes to her. If I was to die intestate then my interests pass to my estate who at this point would be my parents. I'm sure there have been cases out there where the parents didn't make life easy for the surviving partner so why not take the hassle out of it and have a will.
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sausy
Jack Charlton MAYO FOR SAM Joined: 13 Jan 2009 Location: The local Status: Offline Points: 6980 |
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you can challenge a will
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irish_major
Ray Houghton Bookie Slayer Joined: 20 Jan 2009 Location: Ireland Status: Offline Points: 3935 |
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And if your family decided to contest it they would have a case and your will would be null and void. Common law wife would potentially cover off your GF there anyway but your will isn't worth pish if someone decides to contest.
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Here we go again
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JUICEBOMB
Liam Brady Joined: 06 Oct 2011 Location: Ireland Status: Offline Points: 2103 |
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Going down a messy route there no?
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hard work beats talent when talent doesn't work hard
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