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Legal eagle wanted
Profile | Posted by | Options | Post Date |
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Llamedos Pam | Report | 28 Jul 2016 16:27 |
Does anyone understand wills, a relative died last year and I am to be a beneficiary, but don't understand the will and I don't want to ask the solicitors, he has splitt his estate in two halves one half to go abroad to his family and the other half to stay in the uk. What I don't understand is after the naming of the executors it says " a person and b person to be the executors and trustees of this will and I declare that the expression 'my trustees' in this will ( where the context permits) include the trustees or trustee for the time being of this will either original or sunstituted " it then goes on to say " I give the residue of my estate to my trustees to be divided equally under two seperate trusts for sale each to be distributed as set out and with in each case power to postpone sale without liability for loss " the will was drawn up over 9 years ago does it mean that he put his money into trust funds then or it went into trusts after his death . |
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Andysmum | Report | 28 Jul 2016 16:44 |
Neither. I think that trustee is another word for executor and the above means that the executors are to divide the residue of the estate into two equal lots and distribute them as requested. |
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Caroline | Report | 28 Jul 2016 16:44 |
You need someone who knows what they're doing looking at it......far too many problems will arise otherwise...are you one of the executors ? |
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maggiewinchester | Report | 28 Jul 2016 17:15 |
You could try the CAB. They can advise whether you'd need a solicitor or not. |
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Researching: |
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+++DetEcTive+++ | Report | 28 Jul 2016 17:17 |
Actually, if the Estate & Will is relatively straightforward, the Executors don't need to use a Solicitor. |
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Researching: |
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Llamedos Pam | Report | 29 Jul 2016 07:43 |
Thanks everyone ?? |